American Express a Good Stock Investment?

Many experts around the stock market world are talking about how American Express could see its stock value rise throughout the rest of 2009. Currently, American Express stock is just under $19. Not long ago, the stock was sitting at higher than $50.
American Express took a hit when practically every other company in the financial industry saw their stock prices plummet. However, now experts are pointing to the fact that American Express requires its customers to pay off the card each month, which means that the credit risks associated with the company are much less. Additionally, unlike most credit card …read more