Rule Maker Buys More AXP

The Rule Maker purchased an additional 13 shares of financial services company American Express at $38.84 for a total of $504.92. We believe the company will grow more profitable as it increases the number of customers who carry its charge and credit cards, and as it cross-sells financial advisory services to a growing card base. The credit card business is consolidating, only a few companies have the skills to make money in it, and Amex is the only top-tier player with a premium brand.

ACTION   #        STOCK          PRICE    COMS'N    COST   
Buy     13   American Express   $38.84       0     $504.92