AXP
🏦 金融服务American Express Company
US· Credit Services0.19%
金融服务
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Kindred Research
1American Express – A must-own for long-term investors (Deep Dive)
American Express is a well-positioned business in a steadily growing industry. The company's focus on younger demographics, high-income individuals, premium card offerings, and international expansion should allow it to outpace the industry and deliver solid growth. Management is confident in delivering 10%+ revenue growth and mid-teens EPS growth on a sustainable basis. The stock is currently trading at a discount to its historical average, presenting a compelling investment opportunity. A conservative price target of $367 by the end of 2027 is proposed, with the potential for higher returns if the market assigns a higher multiple.
美国运通拥有一个封闭的支付网络,这是它最大的护城河。它的客户群是高端消费者和企业——这些人在经济衰退时依然消费。Charlie说过,好的生意就是那些即使傻瓜来经营也能赚钱的生意,而美国运通恰好还有优秀的管理层。