Reported 1 day ago
Berkshire Hathaway, led by Warren Buffett, holds a $37 billion investment in American Express (AXP), making it a compelling option for investors right now. The company boasts durable competitive strengths due to its strong brand and network effects, has shown consistent revenue growth with anticipated increases in earnings, and is currently priced attractively with a low price-to-earnings ratio. Despite market concerns, American Express may offer significant returns for savvy investors.
Source: YAHOO