American Express is a credit and charge card issuer. Most of its customers pay off their cards monthly and so the company is more of a payments processor than a source of lending.
Wealth Builder
American Express is benefiting from the continuing switch to electronic payments. Management is forecasting adjusted earnings per share growth of over 10% in 2020 and is optimistic about the company’s long-term growth prospects. - Shawn Allen
Current Advice
Buy
Consult your broker/advisor.
Capital Gain/Loss
Recommended List
U.S. Stocks - Primary Core
[/DAP]
[/wpv-if][/wpv-if]
Income Investor
Current Advice
Consult your broker/advisor
Recommended
[/wpv-if]
Recommended List
[/DAP]
[/wpv-if][/wpv-if]
Mutual Funds / ETFs Update
Current Advice
Consult your broker/advisor
[/wpv-if]
Recommended
Dave Paterson
Recommended List
[/DAP]
[/wpv-if][/wpv-if]
Top Funds
Recommended by David Paterson.
Fund Company:
Style:
Load:
MER: %
Minimum Investment: $
RRSP/RRIF Suitability:
No Rating
[/DAP]
[/wpv-if][/wpv-if]
Interactive Performance Chart
[/wpv-if]
Interactive Performance Chart
[/wpv-if]