Is American Express a Buy Ahead of Its Platinum Card Refresh?
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American Express (NYSE: AXP) has quietly strung together a run of steady results while the company readies a sizable update to its flagship Platinum card in the U.S. The global payments company, which leans heavily on high-spending cardmembers, fee income, and a closed-loop network, continues to post healthy top-line growth and best-in-class credit performance. Shares have also marched higher in 2025 as investors reward that consistency.There is no way to know how the stock will react to the Platinum card overhaul in the near term. But the underlying business numbers already point in the right direction, and a well-executed refresh could extend a multiyear trend of rising card fees and engagement. That combination makes the stock look attractive for investors with a longer horizon.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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