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Talking stocks, trading, and investing in general - Page 457

post #6841 of 6845
Quote:
Originally Posted by otc View Post


You mean a Roth IRA or Traditional IRA?

 

Oh ok. I was thinking Malta...

post #6842 of 6845
Amex (AXP) looking good to nibble at in my opinion.
post #6843 of 6845
Quote:
Originally Posted by Master-Classter View Post

Amex (AXP) looking good to nibble at in my opinion.
Why?
post #6844 of 6845

Just bought some HUBS for a long-term hold. Fairly recent IPO, past the initial surge & correction, low P/E and what they're doing really is the future of online marketing.

 

 

Re AXP, I feel like they're loosing their hold on the upper-end of their market. Investors certainly seem to be losing confidence. Their cards have lost a lot of perks lately in an environment with more competition than ever from Barclay and Chase. Just this week AXP announced that they're revoking the 20% points back from booking with their online tool, negating the one major reason for using Amex Travel. In a few months, they're losing Regus membership status and all the good lounge access privileges are gone. I'm actually cancelling my platinum at the tail end of my annual cycle. They're trading as low as they've been in years. So it's either a good time to buy in, or we're past the heyday of AMEX. Not crazy about the odds.

post #6845 of 6845
plus they got ditched by costco.
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