This Dirt Cheap Warren Buffett Stock Is Beating the Market

Volatility has been driving the market for several months. Last week was exceptional, with massive gains following the Federal Reserve's latest move on interest rates on Wednesday giving way to equally large losses on Thursday. By the end of the week, the S&P 500 was lower than where it started.

While this understandably causes fear in the investor community, it also gives us a chance to see which stocks outperform when times are rough. One stock that's been beating the market this year and is still holding steady is American Express (NYSE: AXP), and this Warren Buffett favorite is trading at a dirt cheap valuation.

Image source: American Express.

Source Fool.com