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Posted by
Two Blokes Apr 21 -
Filed in
Stock
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2 views
American Express is a strong long-term investment, due to its popularity with Millennial and Gen-Z consumers, ensuring future growth and increased spending power. The company's affluent customer base provides stability during economic slowdowns, as these consumers have higher spending power and loyalty. The stock is attractively valued, trading at a discount compared to the broader market, offering a decent margin of safety and potential for upside.
