HomeMarketsEarnings‘Wait for Pullback’ on AXP, VZ Dividend ‘Unbelievable’
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‘Wait for Pullback’ on AXP, VZ Dividend ‘Unbelievable’

‘Wait for Pullback’ on AXP, VZ Dividend ‘Unbelievable’

Matt Maley walks through American Express (AXP) earnings. He says its P/E ratio is elevated right now but likes the stock on a long-term basis. He thinks interested parties should wait for a pullback instead of “chasing” shares. He also looks at Verizon (VZ) earnings, saying the one big thing is “what happens with smartphones” with A.I. adoption. Streaming is another area he’s focusing on. He calls VZ’s dividend “unbelievable”.

Morning Movers

24 Jan 2025

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