Where Will American Express Stock Be in 2031?

It's been an uncomfortable past few weeks for American Express (NYSE: AXP) shareholders. The credit card company's stock is down nearly 20% from July's peak, moving back within sight of March's 52-week low -- partly on worries about rising costs and partly on concerns about the overall health of the economy.

Experienced investors understand that this is just a typical short-term pullback within the confines of long-term progress. If you look at the bigger picture, you'll like where this stock is likely going, making this dip a compelling buying opportunity.

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