Bullish thesis on American Express Company, strong growth potential, wait for market-driven price weakness.

From Yahoo Finance: 2025-06-23 11:19:00

Chit Chat Stocks Newsletter shared a bullish thesis on American Express Company, highlighting a current share price of $298.59 and P/E ratios of 20.85 and 19.76. Green Dot Corporation also stands out as a bullish stock amid market turmoil.

American Express shows strength with stable write-off rates, 3.4 million new card acquisitions, and strong international growth. The company’s vertically integrated model and network ownership set it apart from competitors like Visa and Mastercard, with potential for 10%+ annual EPS growth.

While AmEx remains a solid investment, the author suggests waiting for market-driven price weakness to accumulate shares at a more attractive valuation. The company is not among the 30 most popular stocks among hedge funds, but its strong growth potential makes it a promising long-term hold.

Read more: American Express Company: A Bull Case Theory