Is American Express Company (AXP) A Good Stock To Buy Now?

Is AXP a good stock to buy? We came across a bullish thesis on American Express Company on r/ValueInvesting by Prime_Investor. In this article, we will summarize the bulls' thesis on AXP. American Express Company's share was trading at $340.36 as of June 26th. AXP's trailing and forward P/E were 21.25 and 19.46 respectively according to Yahoo Finance.

American Express Company, together with its subsidiaries, operates as an integrated payments company in the United States and internationally. AXP is presented as a high-quality financial services company with a strong moat supported by its closed-loop payment network and premium customer base, generating resilient earnings and consistent long-term growth.

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The company trades at a P/S of 2.75, P/E of 19.77, and a forward P/E of 16.03, reflecting a reasonable valuation relative to its quality. Earnings growth remains strong with 1-year growth of 14.20% and 5-year growth of 14.28%, while PEG of 1.12 suggests balanced growth to price alignment.

Free cash flow valuation also appears attractiv

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/american-express-company-axp-good-204736483.html)