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Re: Why didn't Buffet buy AXP instead of a railroad???      4-Nov-09 01:00 am    
AXP is worth less than you might think.

Normalized earnings is $3.25eps.

12 times $3.25 = $39

Normalized earnings wont happen until 2012

Are you going to buy a stock worth $39 today for $36? Or would you rather buy a growth company?
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dhellan1

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  Subject Author Rating Time of Post (ET)  
 
I was hoping AXP would be bought out by now....it is st...
dispixappl Rate it 3-Nov-09 10:36 pm  
 
Re: Why didn't Buffet buy AXP instead of a railroad??...
dhellan1 Not rated 4-Nov-09 01:00 am  
 
Earnings don't mean anything! They are meani...
dispixappl Rate it 5-Nov-09 09:46 am  
 
With a ROE of 30%, longterm rev growth of 8% ...
frcafl Rate it 5-Nov-09 12:48 pm  
 
he didn't have a model train as a kid at Christmas...
dadioofther... Rate it 6-Nov-09 08:28 am  
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American Express Company (AXP)

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At 4:00PM ET: 40.80 Down 0.08 (0.20%)
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