The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
6 pts

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

Aug 10, 2008 03:12 PM GMT
Foto
Return Risk
-24.55% HIGH
Principal

Shares of this wide-moat gem are near five-year lows, thanks to consumer weakness and the market's cold feet regarding anything even remotely tied to financials or consumers. Amex won't rocket up the charts overnight, but for patient investors who are willing to go against the grain and grab shares right now, the long-run return prospects look almost absurdly favorable. If you currently have a position in American Express, you are right to own this stock -- it's a great business trading for a good price today. (And not coincidentally, Buffett is a longtime shareholder.)


AXP:  This call was made on 08/10/08 @ $37.76
Rating:   Positive   $37.76 (08/10/08)
Gain/Loss:   +2.94% in 480 days
Allocation:   0.5% 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 21.10 +34.44% 381
2 18.14 +71.24% 211
3 17.66 +25.60% 55
4 13.47 +14.32% 62
5 12.13 +74.22% 40


POPULAR STOCKS
Symbol Company Name Sentiment

TODAY'S HEADLINES

TODAY'S TOP PICKS

 
American Express Company (AXP)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
58.0%
Top:
0.0%




Latest Picks by Marian Filo
Symbol SP Sentiment Rating Return Since
SI Positive -0.54% 12/03/09
BFNB N/A Positive -5.78% 11/27/09
BDC Positive -1.24% 11/27/09
CTFO N/A Positive +5.93% 11/27/09
ASTI Positive +10.44% 11/27/09

View All >
   




IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch