American Express: One of Wells Fargo’s Top Picks
11 Janvier 2022 - 05:34PM
TipRanks
American Express (AXP) is one of America's longest-existing and
most well-branded consumer finance companies. I am bullish on the
stock. Wells Fargo's Bullish Call Donald Fandetti of Wells
Fargo (WFC) recently made a bullish call on financial stocks,
linking the growing consumer base in the U.S. and milder pandemic
restrictions to progress within the consumer finance space.
Fandetti was quoted saying: "The U.S. consumer remains
healthy, and there is still a lot of pent-up demand." He added the
following with regards to the pandemic: "While the Delta and
Omicron variants have slowed the stock progression recently,
earnings and card spend have marched upward. Their weighting
largely to domestic U.S.
https://www.tipranks.com/news/article/american-express-one-of-wells-fargos-top-picks?utm_source=advfn.com&utm_medium=referral
American Express (NYSE:AXP)
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American Express (NYSE:AXP)
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De Mai 2021 à Mai 2022