AXP Forecast + Trading Strategies


Bullish Case: AXP's strong Q1 performance, ongoing recovery in travel spending, and robust digital banking initiatives contribute to a strong growth trajectory. Its ability to persistently attract high-spending customers also stokes optimism.


Bearish Case: Heightened macroeconomic risks, potential interest rate hikes, and increased provisions for credit losses could pressure AXP's financial performance, despite strategic initiatives.


Potential Outcomes:

1. Strong card spending continues with a 60% probability.

2. Interest rate hikes affecting consumer credit quality: 35% probability.

3. Increased competition in digital payments: 30% probability.


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April 30, 2024


American Express Forecast

AXP        American Express
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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