American Express (AXP) is one of America's longest-existing and most well-branded consumer finance companies. I am bullish on the stock. Wells Fargo's Bullish Call Donald Fandetti of Wells Fargo (WFC) recently made a bullish call on financial stocks, linking the growing consumer base in the U.S. and milder pandemic restrictions to progress within the consumer finance space. Fandetti was quoted saying: "The U.S. consumer remains healthy, and there is still a lot of pent-up demand." He added the following with regards to the pandemic: "While the Delta and Omicron variants have slowed the stock progression recently, earnings and card spend have marched upward. Their weighting largely to domestic U.S.
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American Express (NYSE:AXP)
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American Express (NYSE:AXP)
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From Jun 2021 to Jun 2022 Click Here for more American Express Charts.