Is American Express Stock a Buy?
While the prophets of doom continue to worry about how long our thriving economy can last, top-performing companies continue to belt out exciting new products and reap gains. Financial services are an important element of a healthy economy, and American Express (NYSE: AXP) is a company that's still bringing out innovative products to engage with its customers.
Despite strong competition from the likes of juggernauts Visa and Mastercard, American Express is holding on to its niche customer base and expanding its unique business model.
Image source: American Express.
Source Fool.com
