American Express Stock (AXP) – 4th Trade Alert and Idea for Fri Oct 22 2021

Trade Alert

In earnings this morning American Express Company (AXP) widely beat estimates, earning $2.27 a share versus $1.78 consensus and $10.9 billion revenue versus $10.5 billion estimated. They grew revenue 24.9% year-over-year and that has the stock popping today.

Here is a trade setup in American Express Company Stock (AXP) along with comments on a second trade to be entered next week.

The rest of this trade alert and ideas article is for FullyInformed Members.

American Express Stock (AXP) – 4th Trade Alert and Idea for Fri Oct 22 2021

Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted. Read the full disclaimer.

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