SocialPicks Monitor new  |    Stock Idea Community
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
The Rock-Star Investors Next Door
SocialPicks is a community where stock investors exchange ideas and track performance of financial bloggers.
Top_member_photos
Get free stock picks and email alerts daily
 
Are you a stock guru?

9 pts

Opinion on  American Express Company (AXP)     Sector: Financial  >  Industry: Consumer Financial Services
AXP 20080808

Aug 08, 2008 05:47 PM UTC
M100_hst
Return Risk
-33.72% LOW
Sr. Analyst

Recent News   Fundamental Analysis   Technical Analysis   Favorable/Unfavorable Valuation  

AXP is very oversold.  Market has overreacted to soft economy and its negative impact on AXP.   Stock is moving up sharply off of 5-year lows with heavy volume.  As the excess disposible income produced from the continued drop in oil prices begins to work its way through the economy, AXP will see a consequent recovery in earnings.  Once stock passes minor resistance at 40, it should move quickly back to resistance around 50.

AXP:  This call was made on 08/08/08 @ $37.43
Rating:   Positive   $37.43 (08/08/08)
Gain/Loss:   -49.16% in 104 days
Target:   $70.00 (+87.02%) in > one year
Allocation:   11.1% of portfolio


Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 noshoes 24.05 +48.81% 160
2 Gerald Greene 19.29 +44.52% 50
3 krprasad 17.43 +19.35% 4
4 The Big Bear 16.54 +43.05% 205
5 David Young 14.11 +14.77% 6


POPULAR STOCKS
Symbol Company Name Sentiment
GLD streetTRACKS Gold
IBM International Business Machines Corp
ETFC E*Trade Financial Corp
NVDA NVIDIA Corp
RIMM Research in Motion Ltd
DELL Dell Inc

TODAY'S HEADLINES

TODAY'S TOP PICKS

 
American Express Company (AXP)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
54.0%
Top:
6.5%




Latest Picks by mathmeister
Symbol SP Sentiment Rating Return Since
BEAV Positive -67.52% 08/18/08
WFR Positive -77.00% 08/18/08
CNXT Positive -85.86% 08/18/08
RFMD Positive -69.87% 08/14/08
HES Negative +50.74% 08/14/08

View All >
   




IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch