Fee-based Focus a Plus For Ameriprise

AMERIPRISE FINANCIAL INC. $61 (New York symbol AMP; Conservative Growth Portfolio, Finance sector; Shares outstanding: 235.3 million; Market cap: $14.4 billion; WSSF Rating: Average) provides brokerage, mutual funds and wealth management services to individuals and institutions through over 12,000 advisors.

The stock has gained over 60%… Read More

American Express Co. $58 – New York symbol AXP

AMERICAN EXPRESS CO. $58 (New York symbol AXP; Conservative Growth Portfolio, Finance sector; Shares outstanding: 1.2 billion; Market cap: $69.6 billion; WSSF Rating: Average) is one of the world’s biggest financial services companies, with offices in over 130 countries. Warren Buffett’s Berkshire Hathaway owns about… Read More

Amex Profits From Client Quality

Like all lenders, American Express is vulnerable to a slowdown in business due to the subprime mortgage and credit liquidity problem. However, the company’s traditional focus on cardholders with above-average incomes and credit histories will keep loan losses to a minimum.

Meanwhile, the company continues to… Read More

Ameriprise Financial Inc. $59 – New York symbol AMP

AMERIPRISE FINANCIAL INC. $59 (New York symbol AMP; Conservative Growth Portfolio, Finance sector; Shares outstanding: 242.0 million; Market cap: $14.3 billion; WSSF Rating: Average) provides financial planning services and products to individuals and institutions. In October 2005, former parent American Express Inc. handed out one… Read More

Recent spin-offs coming along nicely

Many studies show that one of the best ways for a company to unlock hidden value is to spin off a subsidiary as a separate company. Shares of the new company sometimes fall in the first few months, as many investors tend to sell their… Read More

Long-term Trends Favor AmEx

AMERICAN EXPRESS CO. $52 (New York symbol AXP; Conservative Growth Portfolio, Finance sector; WSSF Rating: Average) is a major financial services company, with offices in over 130 countries.

In September 2005, the company handed out all of its shares in subsidiary Ameriprise Financial Inc. (see page… Read More

Ameriprise Financial Inc. $44 – New York symbol AMP

AMERIPRISE FINANCIAL INC. $44 (New York symbol AMP; Conservative Growth Portfolio, Finance sector; WSSF Rating: Average) provides financial planning, brokerage and insurance services to over 2.7 million clients through a network of roughly 12,370 advisors. It currently owns, administers or manages assets worth $428 billion.

The… Read More