1 Stock to Buy Hand Over Fist in the Tariff-Induced Market Downturn

In just a few short weeks, the new presidential administration in the United States has upended global financial markets through an aggressive tariffing strategy against countries like China. As of this writing, the S&P 500 is in a 19% drawdown and close to triggering an official bear market.

Many stocks are much lower, such as American Express (NYSE: AXP). The credit card and banking giant is down 29% from highs, taking it on the chin in the last few weeks. While 2025 may be a tough year for almost every business if these tariffs persist, this short-term thinking from Wall Street is providing a valuable buying opportunity in American Express for investors who plan to hold for a decade or longer.

Here's why American Express is a stock I'd buy hand over fist in this market downturn.

Continue reading