6 min listen
AXP's Risk/Reward Is No Longer Attractive & AFRM See Interest Rate Pressure
FromSchwab Network
ratings:
Length:
6 minutes
Released:
Jul 6, 2023
Format:
Podcast episode
Description
Baird downgraded American Express (AXP) to neutral from outperform. Jenny Horne discusses this as the Baird analyst says that the risk/reward is more balanced following significant outperformance. The analyst continues to like AXP and its ability to drive sales growth, but no longer sees risk/reward as attractive. Jenny then compares AXP to master Card (MA) and Visa (V). She then goes over how Affirm (AFRM) has been downgraded by Piper Sandler. The analyst expects persistently higher interest rates to pressure operating margins. Tune in to find out more about the stock market today.
Released:
Jul 6, 2023
Format:
Podcast episode
Titles in the series (100)
Investment Strategies With Markets At All Time Highs by Schwab Network