### Is American Express a Comeback Opportunity?
### Is American Express a Comeback Opportunity?
has been under pressure this year, but I’m starting to wonder if the selloff is creating an interesting opportunity. American Express still has strong revenue growth and rising card fees, while analysts expect earnings to keep growing.
With Q3 earnings coming up on October 23, I’m curious whether the market is being too cautious on the company right now. Could be a turnaround story worth watching?
The fundamentals still look solid, but I think the next earnings report will be important for proving that the recent weakness is more opportunity than warning sign.
I have been watching American Express closely lately and the valuation does seem pretty attractive right now. It will be interesting to see if their spending metrics hold up in the upcoming report.
