American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. It operates ...
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EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.
Earnings Per Share
EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.
EPS better than industry
FAQ
Q
How do I buy American Express (AXP) stock?
A
You can purchase shares of American Express (NYSE:AXP) through any online brokerage.
In this clip from The Drift, tastytrade founder Tom Sosnoff reveals the one stock he has refused to trade for 40 years and the reason has nothing to do with fundamentals.
Adam Mesh asked Sosnoff if he has any stocks on a personal "never trade" list. His answer: American Express ($AXP).
The backstory: In 1986, Sosnoff got into a dispute with American Express over airplane tickets. He refused to pay. From 1986 to 1996, Amex called him every single day trying to collect. He never gave in. "F you, and F you on top of F you," Sosnoff said. "I'm never ever conceding."
It's been 40 years. He has not traded one share of $AXP.
The twist: his wife is an American Express cardholder. They give her unlimited everything. The same company that won't deal with Tom Sosnoff treats his wife like royalty.
Watch the full episode of The Drift on Benzinga's YouTube channel.
$AXP.
#TheDrift #TomSosnoff #AmericanExpress
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