American Express: Buy, Sell, or Hold?

Debt is a pillar of the U.S. economy, which depends on consumer spending for roughly two-thirds of its output. Today, American credit card debt is approaching $1.2 trillion, an all-time high. In other words, credit card companies and banks like American Express (NYSE: AXP) are raking in profits.The stock has galloped higher, soaring almost 60% over the past 12 months. Is it too late to get on board? Or can American Express continue delivering outsized investment returns?Here's an analysis of whether the stock is a buy, sell, or hold today.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool