Is American Express Stock Underperforming the S&P 500?

With a market cap of $215.9 billion, American Express Company (AXP) is a global integrated payments company that provides credit and charge cards, payment solutions, banking products, and related financial services to consumers, businesses, and corporations worldwide. It serves customers across the United States, Europe, Asia Pacific, Latin America, Canada, the Caribbean, and other international markets.

Companies valued at more than $200 billion are generally considered “mega-cap” stocks, and American Express fits this criterion perfectly. Operating through four business segments: U.S. Consumer Services; Commercial Services; International Card Services; and Global Merchant and Network Services, the company also offers travel, dining, lifestyle, expense management, and merchant processing services.