NASDAQ Stocks - American Express Co in MARKETS - CMP: $56
American Express Company is a global payment and travel company. The Company's principal products and services are charge ...
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11-22-2012 08:47 PM
American Express Co
CMP: $56
American Express Company is a global payment and travel company. The Company's principal products and services are charge and credit payment card products and travel-related services offered to consumers and businesses around the world.
American Express is a $62 Billion market cap company trading at a P/E of 13. Revenues have risen from $26 Billion to $32 Billion in the last 2 years. Profits have risen from $2.13 Billion to $4.93 Billion in the last 2 years. Profit margins have surged from 8% to over 15% in the last 2 years. With no long term debt, it looks an attractive buy.
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