Since the rise of two of the fastest growing payment leaders, MasterCard (MA) and Visa (V) has been well documented by me in recent months, I thought I would focus on a cheaper but equally solid company in the space, American Express (AXP).
While not growing revenue and EPS as fast as its two largest competitors, the credit card giant has a stronger clientele and stands to benefit from many of the same powerful trends as MasterCard and Visa. Additionally, the company is significantly cheaper and pays a solid dividend. Click here to read more about what I think makes American Express great!
Phil
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