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American Express Company (NYSE: AXP)

The third largest credit card brand – at least in the western world

Founded in 1850, it recently celebrated 175 years in business. The company started as a parcel express business. It later became a travel services business and is now a financial services company. Most of its customers pay off their cards monthly and so the company is more of a payments processor than a source of lending.

After gaining 58% in 2024 and another 25% in 2025, this stock has taken a breather in 2026 losing 15% year-to-date.

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AXP was first recommended here on February 17, 2014