Below is a stock charts of American Express (AXP). Amazing how a high quality company goes down in value in such a short period of time. The stock chart is awesome considering all the variables such as the amount of people who have been hired and fired during the time period, the hours put in by the different management to create shareholder value,etc. I know its weird stuff to think about but it that’s the stuff that I think about sometimes.
Disclosure: Long AXP
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I believe AXP has always been one of the companies that value guys wished for but it was always out of reach. To see it come down so much is a big gift.
The only problem is there are too many to choose from… life is full of hard decisions… haha