Should You Buy American Express While It's Below $315?

American Express (NYSE: AXP) has been around for 175 years, which showcases the durability of its business model. It's not going to turn heads by posting outsized growth like a younger, more tech-driven company will. The credit card and financial services enterprise does have staying power, though.This stock has put up a phenomenal gain in the past five years, producing a total return of 244%. While I don't believe this kind of performance will repeat through the rest of this decade, there's no question that American Express is a high-quality business that deserves a closer look.Should you buy the shares as they trade below $315 (as of July 25)?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool