American Express (AXP) Stock Analysis: Buy AXP Shares On The Dip?

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American Express (#AXP) announced their Q4 2020 earnings and beat analyst expectations. The company reported an EPS beat by $0.47, and revenue of $9.35B (-17.8% Y/Y), which beat by $30M.

Although the company was able to beat expectations, their yearly revenues are down, and their net income is down -54% Y/Y. Currently the #stock is trading at $115 per share after taking a -14% dip over the past week. Is now the time for investors to buy American Express shares?

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Thank you to the AXP website for the photo of Chief Colleague Experience Officer Monique R. Herena