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
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