American Express (NYSE: AXP) stock has surged nearly 60% in the past three years, outperforming the S&P 500. The company’s unique business model sets it apart from Visa and Mastercard, as it operates as both a payment processor and card issuer. Despite a slowdown in 2021 due to the pandemic, American Express has since rebounded with revenue growth and reduced outstanding shares. Analysts project continued growth in revenue and EPS over the next three years, potentially leading to a 30% increase in stock price. This growth could outpace the S&P 500, making it an attractive investment option.
Read more at Nasdaq: Where Will American Express Stock Be in 3 Years?
