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Strategies & Market Trends : 50% Gains Investing

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To: benchpress550 who wrote (24970)4/29/2001 4:54:35 PM
From: Dale BakerRead Replies (1) of 118717
 
Hey BP - I don't really follow AXP much since I have C and GE LEAPs in the mega-cap financial stock realm. You would have to dig pretty deep to decide if AXP's revenue streams have more than "ordinary" (i.e. 10-15% growth) potential. I have never broken down their business that far.

On the one hand, the chart may be sitting at the extreme bottom of a long-term up channel. OTOH, it could break down into an extended range-bound area that would make your LEAPs worthless.

Answer the question "How will AXP grow?" and you should find your answer. Then share it with us, please.

;<)

PM me about the HOMS stuff if there is anything I need to know.
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