This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

5 Rocket Stocks to Buy for July

Stocks in this article: AXP LNKD PETM CSCO UNP

American Express

American Express ( AXP) may not be the biggest payment network on earth, but it's certainly one of the most attractive from an investment standpoint. The $83 billion financial firm has spent the last 163 years building up one of the most storied brands in the world -- and its flagship charge card products remain extremely attractive six decades after the first green card was issued.

>>4 Big Stocks on Traders' Radars

AmEx is the bane of many of its merchants. The firm is known for charging the highest fees of any card network, but merchants continue to pay those fees because of the dollar volume that the firm's network generates. American Express isn't the largest payment network, but its per-capita spending dwarfs the numbers generates on Visa ( V) or MasterCard ( MA). The firm's spend-centric model means that it's less incentivized by the high card balances that got other lenders in trouble in 2008, and newer partnerships with third-party issuers mean that it should stay that way.

The huge swath of consumer data that American Express retains on its cardholders is another important asset that it's only just starting to monetize in a meaningful way. As marketers focus increasing resources on targeted ads, AmEx's database gains more and more value. In the meantime, a skew towards more affluent consumers in its membership rolls should mean a bigger impact from consumer spending increases this year.

3 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,779.78 +1.63 0.01%
S&P 500 2,067.34 +6.11 0.30%
NASDAQ 4,762.2460 +13.85 0.29%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs