Berkshire Hathaway has owned shares in some companies for decades, as CEO Warren Buffett once said that his favorite holding period is forever. While American Express (NYSE: AXP) has been a longtime holding for Berkshire and Buffett, its stock has done particularly well in the last three years, rising 65% during that time (as of Aug. 14). Let's take a closer look at what makes American Express special, as well as its latest financials and why investors should consider buying the stock right now.
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