2 Brilliant Reasons to Be Excited About American Express (AXP) Stock

2 Brilliant Reasons to Be Excited About American Express (AXP) Stock

Key PointsAmerican Express' success comes from its wide economic moat, which protects its competitive position.The company has a strong brand and a powerful network effect.10 stocks we like better than American Express › It's strikingly clear that American Express (NYSE: AXP) has made for an exceptional investment. In the past five years, shares have produced a total return of 260% (as of Oct. 20). They trade at an all-time high these days, most…