American Express Faces Severe Pressure From This Key Spending Theme
The pandemic has hurt all financial companies, but BofA Securities is now much more worried than it has been about prospects for American Express in the months ahead.
The pandemic has hurt all financial companies, but BofA Securities is now much more worried than it has been about prospects for American Express in the months ahead.
Wednesday's top analyst upgrades and downgrades included AGCO, American Express, Carvana, CME, Deere, Nike, Tesla, Trimble, Twitter, Waste Management and ZoomInfo.
As of the most recently reported period, short sellers favored Pfizer, Exxon and Intel above all other Dow Jones industrial stocks, although two of them soon will be dropped from the index.
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24/7 Wall St. has put together a preview of those Dow companies scheduled to report their quarterly results this week including Coca-Cola, Intel, Microsoft and Verizon.
Wednesday's top analyst upgrades and downgrades included Altria, Apple, Caterpillar, Citigroup, JPMorgan, Nikola, Nokia, Novavax, Transocean, Valero Energy, Walt Disney and Wells Fargo.
Monday's top analyst upgrades and downgrades included American Express, Biogen, Discover Financial, DraftKings, Ericsson, Foot Locker, Gap, Kraft Heinz, Nikola, Walmart and Zscaler.
Thursday's top analyst upgrades and downgrades included American Express, Carnival, CIT, Cloudflare, Editas Medicine, FedEx, PayPal, United Rentals and Zscaler.
Monday's top analyst upgrades and downgrades included American Express, Boeing, Coca-Cola, Dunkin' Brands, L Brands, Lululemon Athletica, Moderna, NXP Semiconductors, Seagate Technology, ViacomCBS and Zillow.
A generally accepted rule is that for older investors, most investments should be conservative and less risky. Does the same rule apply to Warren Buffett? Should it?
American Express came through its earnings report, and its shares were up both on Friday and again on Monday.
Monday's top analyst upgrades and downgrades included Amazon.com, American Airlines, American Express, Beyond Meat, Caterpillar, Clorox, eBay, Gilead Sciences, Twitter, Verizon Communications and Wayfair.
American Express released mixed first-quarter financial results before the markets opened on Friday. Shares were higher in premarket trading.
American Express is scheduled to release its first-quarter earnings report before the opening bell on Friday.