Subject: OT-AXP
Added to my AXP today:

PE-15
FPE-12 (vs. MA-27, V-23)
Yield-1.65%
Nearly 20% off its 52-week high
Technical-Potential Support level in low-mid 140s
Similar price as Spring 2021
EPS $9.85
PEG-0.93
86% Institutional owned
1% short
Payout ratio 22%
Op margin 14%
ROE-30%
$53B Revenue
6.7% Rev. Growth
10.7% Earnings growth
10% 5 year growth rate
Total Cash-$42B
Total Debt-$49B
Op Cash flow-$16.5B

Oligopoly
Growing CC growth>>Cash
e-commerce
Relatively low-risk customer base
Good growth amongst millennials
Annual Fees (Gold card) soon to rise 25% to $375
BRK has owned over 25 years- we now own 20.6% of AXP
Cheap multiple compared to V or MA
Solid established business at a fair price imo