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Strategies & Market Trends : Value Investing
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To: Carey Thompson who wrote (29815)1/23/2008 3:07:50 AM
From: Paul Senior  Read Replies (1) of 78673
 
I like AXP as well. Have had some trouble today getting fills, and have missed some stocks that were attractive at lows. If AXP falls to lows again -- and I'm alert enough (and still have money enough) -- I will add to my position.

Maybe 2008 isn't going to be good for AXP. Company isn't going out of business though, and its franchise seems strong and intact to me. I expect stock price to move up eventually. Forward p/e of 12 would be very low for this company if it should happen.
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