|Bid||176.01 x 800|
|Ask||176.57 x 1000|
|Day's Range||175.85 - 180.34|
|52 Week Range||112.10 - 189.03|
|Beta (5Y Monthly)||1.27|
|PE Ratio (TTM)||28.88|
|Forward Dividend & Yield||1.72 (1.05%)|
|Ex-Dividend Date||Jul. 01, 2021|
|1y Target Est||N/A|
The stock market was definitely not in a holiday mood on the day after Thanksgiving, as news of the new Omicron variant of COVID-19 led to widespread concerns about a possible return to lockdown conditions. Because of the Dow's price-weighted nature, a few stocks had a disproportionate influence on the average's moves. Below, we'll look at how American Express (NYSE: AXP), Boeing (NYSE: BA), and Goldman Sachs (NYSE: GS) combined to lop about 250 points off the Dow by themselves.
Buffett is taking profits off the table. It might be time to do the opposite.
American Express' (AXP) management remains optimistic about strong Q4 results and expects the momentum to continue into next year.