American Express (AXP) Looks Like a Safe 10% Grower Long-Term
In my first look at American Express (AXP) in 2 years it seems to be like this is a 10% grower long-term (if that’s good enough for you).
In my first look at American Express (AXP) in 2 years it seems to be like this is a 10% grower long-term (if that’s good enough for you).
Nike (NKE) lowered revenue guidance, as China had -19% sales growth due to COVID. The strong US Dollar is also hurting sales.
Factset Research (FDS) is seeing broad-based acceleration across all markets for its financial software, as the numbers look excellent.
Consultant Accenture (ACN) is experiencing slower growth, but with P/E ratio down from 36 to 23 the past four qtr the stock’s a value.
Adobe’s (ADBE) stock lost half its value from peak to trough. But this company has what it takes (real profits) to bounce back.
Cintas (CTAS), the uniform company, is a quality Blue Chip stock. But its an 11% grower, and with a 32 P/E the stock isn’t on sale.
Costco (COST) delivered splendid sales growth of 16% last qtr as consumers felt the pinch of higher food costs due to inflation.
Merck (MRK) stock has some appeal for stock portfolios that are sick of this Bear Market. I like the low P/E of 13 and 3% yield.
ExxonMobil (XOM) is doing great! Right now that is. Longer term, the stock was this price a decade ago, and profit growth is erratic.
Grainger (GWW) was supposed to be feeling the heat of a recession. Instead the industrial supply store is thriving. Let’s take a look.
TJX (TJX) — parent of TJMaxx, Homegoods, and Marshals — seems to be undervalued by 20%, with 35% upside when we look to 2023.
Home Depot (HD) is continues to see strong demand for home improvement projects. And the stock is a bargain with a 16 P/E.