Shift to online payments will lift these two

Both Visa and American Express stand to gain from the ongoing shift to online shopping and payments. Moreover, the COVID-19 pandemic has accelerated that shift and should partially offset the current slowdown in credit card spending. Still, in the short-term, the earnings of both companies… Read More

High-quality clientele give Amex an edge

AMERICAN EXPRESS CO. $100 (New York symbol AXP, Conservative Growth Portfolio, Finance sector; Shares outstanding: 847.0 million; Market cap: $84.7 billion; Price-to-sales ratio: 2.3; Dividend yield: 1.4%; TSINetwork Rating: Average; www.americanexpress.com) is one of the world’s largest issuers of payment cards. As of December 31, 2018, it… Read More