American Express $AXP (+1.69%) is a solid, low-risk company with good long-term growth. Due to a change in strategy, I have now sold my $AXP (+1.69%) sold my shares.

Points that prompted me to sell:

Although the company is the undisputed market leader in its premium credit card segment and has higher profitability than its competitors, it is growing more slowly than them.

How is the company supposed to gain market share from Visa/Mastercard? I think it is more likely that $AXP (+1.69%) more likely to lose market share.

High geographical concentration

High economic dependency: industry forecasts weak 2nd half of the year

The business model has become too boring for me, stronger growth is extremely difficult to achieve through product innovations.

$AXP (+1.69%)

• 
  (AXP) reported a profit of 2.89 billion US dollars for the second quarter on Friday.

• The New York-based company generated earnings per share of 4.08 US dollars.

• The results exceeded Wall Street's expectations. The average of 14 analysts polled by Zacks Investment Research were surveyed was an expected profit of 3.86 US dollars per share.

• The credit card issuer and global payment services provider generated revenue of 17.86 billion US dollarsalso above analysts' forecasts. 13 analysts polled by Zacks had predicted 17.69 billion US dollars expected.

• American Express expects full-year earnings of 15 to 15.50 US dollars per share.

• Youtube channel for stock analysis: www.youtube.com/@Verstehdieaktie

As the earnings season starts again, here is a summary of the most important figures next week.

$JPM (+0.69%)
$C (+1.8%)
$WFC (+0.5%)
$BLK (+0.35%)
$JNJ (+1.63%)
$GS (+0.41%)
$BAC (+2.77%)
$AA (-0.21%)
$ASML (+1.01%)
$PLD (-0.05%)
$UAL (+2.1%)
$KMI (+0.44%)
$PEP (+1.49%)
$ABT (+2.65%)
$Netflix
$TSM (-0.48%)
$USB (+1.76%)
$IBKR (+2.54%)
$AXP (+1.69%)
$MMM (+1.4%)

$AXP (+1.69%)

Visa has made Apple an offer of around 100 million dollars to secure the Apple Card. The background to this is that Goldman Sachs is withdrawing from the consumer credit business and the card will be reissued. In addition to Visa also fight American Express and Mastercard for the role of card network. Visa has made an aggressive offer, while American Express is competing as both issuer and network. Mastercard wants to retain its position as a network. The deal would be the end of Goldman's Goldman's failed attempt in the consumer credit business, which Apple which is worth around 20 billion dollars.

$V (+1.53%)
$MA (+1.96%)
$AXP (+1.69%)
$AAPL (+4.33%)
$GS (+0.41%)

Source: https://www.tradingview.com/news/DJN_DN20250401009397:0/

There's a big sale on the market at the moment, what have you bought? For me it was $IWDA (+0.48%)
$CSPX (+0.6%)
$GOOGL (+2.33%)
$AXP (+1.69%) and $MA (+1.96%) 💰

For the time being, I took some winnings from $RHM (-3.07%) 🙏🏻

In January I decided to set up a dividend portfolio for myself. I immediately used the setback in February to end my one-year "test phase" as a stock market novice and start my long-term plan. In addition to two dividend-paying ETFs for retirement provision $XDWL (+0.63%) & $XSX7 (+0.29%) I want to build up a strong portfolio through stable dividend stocks, regular purchases and reinvestment of dividends.

I would like to take you with me on my journey and now share regular updates on the development of my portfolio.

You can find my goals and how I want to achieve them in my first post → My path to financial freedom: I'm building a dividend portfolio - goals & strategy 📈💰

(https://getqu.in/T7yDJe/)

📊 My current dividend portfolio (sorted by market capitalization):

1️⃣ $SAP (-1.18%) - Europe's largest software group with a stable dividend policy

2️⃣ $BAC (+2.77%) - One of the largest US banks with a solid payout

3️⃣ $AXP (+1.69%) - Strong brand with long-term potential

4️⃣ $ALV (-0.37%) - High dividend yield & strong financials

5️⃣ $DB1 (-0.27%) - Benefits from rising trading volumes

6️⃣ $BATS (+0.52%) - High dividend yield & stable cash flow

7️⃣ $MO (+1.17%) - Continuous dividend increases, but regulatory risks

8️⃣ $O (+1.32%) - The famous "Monthly Dividend Company" REIT

9️⃣ $INGA (+1.78%) - European bank with attractive dividend yield

I start my journey with these 9 stocks. All of them convince me and are stable stocks. I'm not doing anything here for no reason. That's why there's a good reason for every stock I buy.

If you would like to know why I chose one of the stocks, let's discuss it in the comments. I look forward to the exchange! 😊

I wish you a good start to the weekend!

#Dividendenstrategie
#FinanzielleFreiheit
#Investieren
#Börse
#Dividenden
#PassivesEinkommen
#Aktien