Time to Buy American Express?
Time to Buy American Express?
American Express is an American financial company that is a multinational corporation specialising in payment cards. Financial companies like American Express typically gain when interest rates rise.
The shares are entering a strong time of the year. From April 9 through to May 2 the shares have gained 19 times in the last 25 years. The average return has been +5.40% over the last 25 years with a 131.18% annualised growth rate.
Will American Express shares launch higher next week?
Major Trade Risks: The main risk to this trade is any very negative news for the stock.
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