American Express Is a Buy for 2023 and Beyond
It's been a tough year for American Express (NYSE: AXP) investors. While the S&P 500 has gained more than 8% since the end of 2022, shares of the credit card company are up an anemic 2.3% thanks to a sizable sell-off from February's peak. Just don't come to any sweeping, long-term conclusions about American Express based on the stock's short-term performance.