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New York-based American Express Company (AXP) is an integrated payments company operating through U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services segments. With a market cap of $206.4 billion, its operations span the Americas, Indo-Pacific, Europe, Africa, and internationally.
The payments giant has significantly outperformed the broader market over the past year. Over the past 52 weeks, AXP stock soared 89.8%, outpacing the S&P 500 Index’s ($SPX) 35.9% returns. In 2024 alone, AXP surged 56.4% compared to SPX’s 25.8% gains on a YTD basis.
