Buy American Express Stocks

American Express is a Dow Jones Company and is listed in the NYSE / NASDAQ / S&P 500. It is one of the leading corporations in the American stock market. Buying shares of American Express in the long term is considered a sound investment. With the current economy, however, it is always risky in buying a single company stock like American Express, and diversification is more important. Below is a description and profile of the American Express company:

The Company provides a variety of products and services worldwide, including, among others: global card network services; charge card and credit cards for consumers and businesses worldwide; consumer and small business lending products; American Express(r) Travelers Cheques and Gift Cards; business expense management products and services; business travel and travel management services; consumer travel services; merchant acquiring and transaction processing; point-of-sale and back-office products and services for merchants; banking services to individuals and financial institutions outside the United States; and magazine publishing. American Express Company (American Express), incorporated in 1965, is a global payments and travel company. The Company’s principal products and services are charge and credit payment card products, and travel-related services offered to consumers and businesses around the world. The Business-to-Business Group provides, among other products and services, business travel, corporate cards, and other expense management products and services; network services, and merchant acquisition and merchant processing for the Company’s network partners and payments businesses, and point-of-sale, back-office, and marketing products and services for merchants. During 2007, GNS signed 12 new partners to issue Cards on the American Express network. The consumer travel business, which provides travel services to Cardmembers and other consumers, complements the Company’s core Card business, as does its travelers cheques and prepaid services business. The Card business offers a set of card products. The Company offers individual consumer charge Cards, such as the American Express Card, the American Express Gold Card, the Platinum Card, and the Centurion Card; revolving credit Cards, such as Blue from American Express, Blue Cash Card from American Express and Blue Sky from American Express; and a variety of Cards sponsored by and co-branded with other corporations and institutions, such as the Delta SkyMiles Credit Card from American Express, True Earnings Card exclusively for Costco Members, Starwood Preferred Guest Credit Card and JetBlue Card from American Express. Centurion Bank also issues certain consumer charge cards and AEBFSB issues certain OPEN charge cards. The American Express Consumer Travel Network

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