American Express updated October 20, 2019

Our report on American Express is updated and rated Buy at $116.74. It has done well since we rated it (higher) Buy on January 19th. The stock price is up 16% since then and this is justified by its earnings and revenue gains. It’s not quite as attractive as it was in January but still looks like a good investment. I have only a small position and I want to add to that. 

VISA is a stronger brand but is not priced as attractively.

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