Summary
New management that needs to confront new challenges.
A $50M gap between revenue expectations and reported figures.
Intrinsic value and stock price clearly aren’t getting along.
Members of our private investing community, Dividend Growth Rocks , get exclusive access to ideas like this one. Start your free trial today >>
This article has been written by Olivier Gélinas for Dividend Stocks Rock.
American Express (AXP) has been around for a long time now. Since 1850, AXP developed financial products and instruments to help businesses and individuals with their financing needs. Offering not only credit cards but also travel services, network services, value products storage, and even loans, AXP likes to be on top of its closest competitors. The #1 ranked company in Customer Satisfaction from J.D. Power has reported $33.4B in revenue for FY 2017. With a rising personal debt level throughout North America, AXP surely will benefit from such a situation.
