Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Wallace Rivers who wrote (56727)	1/22/2016 3:13:30 PM
From: Paul Senior	1 Recommendation Recommended By research1234 Read Replies (2) \| Respond to of 76695

AXP. Yeah, you have that premium brand and a relatively low stock price, and low p/e itself for AXP. So the stock should revert. At least somewhat from today's bad news. Maybe all the bad news is out now. What concerns me though is the company's business model of being a premium provider. Merchants complain about the high fees AXP charges. What's troubling to me is I don't recall the last time I saw somebody pull out an AXP card for a transaction. Ha! ==> Part of that could be I don't have premium friends and/or I don't shop at places that take the card. I guess I'm not enough of a business person or traveler or consumer to see or understand what the great benefit an AXP card is over a card from Discovery, or Visa, or MC. I believe for now, if I were adding for a 18-24 mo. hold, I'll go with more DFS (And I am considering this.). If I were adding for a very quick trade, I might go for AXP and hope for a maybe 4-5 point recovery in a couple of days/weeks/month maybe.