Comments for AXP - Stockpickr! Your Source for Stock Ideas

Comments for AXP

Added By	Comments	Type	Date Added
spreadguru	slow growth	Hate	November 24, 2009
RhinoStocks	Despite worse than average default rates among its clients, American Express's more affluent customer base should be able to bounce back quicker than the rest of the public.	Love	October 05, 2009
sksainath	Credit defaults have lowered and will recover when consumers start spending more.	Love	September 12, 2009
blair86817	closed loop credit card system, captures gobs of cash.	Love	September 05, 2009
vr4vwg60	Strong company and balance sheet. Has been undervalued and is on it's way back.	Love	September 04, 2009
frankolynn	should do well in this recovery	Love	September 01, 2009
RhinoStocks	While American Express has seen its share price beaten down this year, the company has a strong history of beating the analysts -- and improving July results point to brighter days for shareholders.	Love	August 31, 2009
jennw1020	historical	Love	August 23, 2009
noyalldidnt	Paid for itself this year	Love	August 21, 2009
barrons3	I’d play it with American Express (AXP), adds Joe Terranova. The inventory numbers tell me there’s stabilization and that’s good for consumers.	Love	July 29, 2009
therendog	steady co	Love	July 20, 2009
barrons3	Shifting to the credit card space, Adami said he would rather be in Mastercard (MA) than in American Express (AXP), which he said is much more expensive and trending the wrong way.	Love	July 08, 2009
Stockpickr Staff	"Granted, other banks like Bank of America (BAC), American Express (AXP), JPMorgan Chase (JPM) and Capital One (COF) are feeling the squeeze as more consumers have trouble paying their bills." <a href="http://www.thestreet.com/story/10532994/1/five-dumbest-things-on-wall-street-july-2.html" target="_blank">Read more here.</a>	Love	July 02, 2009
barrons3	Underperform - Price 25.99 on June 2 by Jefferies & Co. AXP announced a $500 million follow-on equity issuance…to repay low-cost, high-stigma [Troubled Asset Relief Program] capital.…We expect AXP to use a combination of this capital, funds already on the balance sheet, and lower levels of marketing and investment to accomplish its goal of repaying $3.4 billion in outstanding TARP preferred. [The]…issuance doesn't change our outlook…[We find] the current forward price/earnings ratio of 20 times too rich, considering regulatory pressures and dramatic declines in credit-card-spending volumes. Target: 18. Market cap: $28.8 billion.	Love	June 06, 2009
casey5	If any of the credit card/banks srrvive the quality base will prove profitable bigtime	Love	June 05, 2009
daniel kemp	return	Love	May 19, 2009
barrons3	Credit-card specialists American Express and Capital One (COF) were strong; AmEx (AXP) shares rose 17% in the five sessions to $28.40, and Capital One gained 81% to $31.34. Because the stress tests took a rosier-than-anticipated view of potential credit-card losses, AmEx and Capital One weren't deemed to be capital-deficient. Many on Wall Street had expected that Capital One would be forced to boost capital.	Love	May 09, 2009
DerekNJND	I dont take advice from professional investors, to PICK stocks,BUT I do use it as confirmation after I'm Long to increase my position or confirm that I'm onto something good. Point being, the Fast Money crew blessed AXP two days after I went long,I sured up the position with more shares, and its up 100% since then.	Love	May 09, 2009
barrons3	Cramer said the biggest gainers since Obama took office, the financials, tell the story, with stocks like JPMorgan Chase (JPM) up 82%, Bank Of America (BAC) up 75% and American Express (AXP) up 55%.	Love	April 30, 2009
dslrun	well run company	Love	April 23, 2009
lvstkpkr	value	Love	April 23, 2009
Stockpickr Staff	<a href="http://www.thestreet.com/story/10487603/1/financial-winners-and-losers-citigroup.html" target="_blank">Read more here.</a>	Love	April 17, 2009
Stockpickr Staff	<a href="http://pjava.thestreet.com/story/10486962/1/financial-winners-losers-jpmorgan.html" target="_blank">Read more here.</a>	Love	April 16, 2009
jcarlosl	too risky	Hate	March 24, 2009
barrons3	American Express (AXP) is a bank with bad loans. Banks get taken down by shorts to $2 when they don't have an earnings cushion and can't be taken over because no one has the capital to do so. Why would AXP be able to buck this trend, particularly when the shorts are pushing it down betting on ratings downgrades, no ability to roll over debt and a needed dividend elimination? Not taking it to $1, because I do not foresee government ownership. So $2 it is.	Love	March 12, 2009
ml3240rs	Solid company well managed	Love	January 31, 2009
barrons3	Underperform - Price 15.20 on Jan. 26 by Jefferies & Co. AXP reported 4Q08 earnings per share of 21 cents, versus [our] estimate of 12 cents and consensus 22 cents. On an adjusted basis, we calculate earnings [of] 10 cents a share. We maintain our fiscal-year '09 EPS of $1.20, and initiate FY2010 estimated EPS of $1.82. ...We believe our peak loss assumption of 9% in the card portfolio in 2009 remains valid. We have assigned a 9.2 times multiple to the card earnings, and a 13.4 times multiple for network earnings, or 11.7 times, all-in. Our 14 target is based on 11.7 times our FY09E-EPS of $1.20. Risks to our estimates include reduced consumer spending and further credit deterioration. Market cap: $17.6 billion.	Love	January 31, 2009
High Dividends	2.6	Love	January 22, 2009
barrons3	It could go back to $22, a decent return, and the dividend is not in jeopardy because of TARP's easy terms.	Love	January 08, 2009
craiglp1	Love the company, but scared the stock is going to crater.	Hate	December 18, 2008