Each week we run a DCF (Discounted Cash Flow) model on a company from our watchlist. This week’s pick: American Express Company (AXP).ProfileAmerican Express is one of the world’s leading integrated payments companies, providing charge and credit card products, travel-related services, and global merchant processing. Its powerful brand, affluent customer base, and closed-loop network create a durable competitive advantage.With a focus on premium cardholders and disciplined risk management, AXP consistently ...