Amex Stock: 2 Experts Argue Pros and Cons of ‘Buying the Dip’ Amid Trump Tariff Drama

Take American Express (AXP) stock. The recognition paper company’s banal closed astatine $275.25 connected April 2, 2025, and it had fallen to $231.39 astatine the adjacent connected April 8, 2025. That’s astir a 16% alteration successful little than 1 week.

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While immoderate reciprocal tariffs person temporarily been paused and the banal has seen immoderate gains since, it’s inactive down implicit 16% for the year, arsenic of April 10. Does this dip contiguous a bully buying opportunity? Here are immoderate of the pros and cons of investing successful American Express banal close present amid tariffs.

On the affirmative side, investing successful American Express mightiness beryllium beneficial owed to the company’s wide strength, estimation and quality to navigate an economical downturn, according to experts.

“The company’s equilibrium expanse is strong. Amex has weathered plentifulness of storms, and it has done it amended than astir companies,” said Joe Camberato, CEO of National Business Capital, a concern lending platform.

While American Express is exposed to the hazard of a downturn, it could inactive beryllium a amended prime than immoderate different companies that could instrumentality longer to recover, if astatine all.

“The downside is the institution is heavy tied into the concern world, truthful if there’s a concern [downturn], past Amex volition consciousness it. But the institution is built for that benignant of pressure. American Express is incredibly selective astir who it lends to,” Camberato said. “So if the system hits a unsmooth patch, I would inactive stake connected Amex being successful a overmuch amended presumption than galore different consumer-focused recognition paper companies that instrumentality connected riskier borrowers.” 

Relatedly, American Express is perchance successful a amended presumption than immoderate different competitors owed to its comparatively precocious yearly recognition paper fees for immoderate of its products, particularly if the system holds up. These yearly charges make “a subscription-like stability,” said Michael Ashley Schulman, CFA, chief concern serviceman and founding spouse astatine Running Point Capital Advisors, a multifamily wealthiness absorption firm.