Amex stock forecast metrics account for sector rotation

AMEX stock forecast metrics account for sector rotation trends, with financial services outperforming energy and utilities year-to-date, boosting relative performance appeal. Among large corporates, Amex GBT already has about 40% market share. It leverages network effects to maintain its position, enjoying a 97% client retention rate over the past year. On the travel side, checkpoint numbers have been healthy, signaling a pickup in domestic travel compared to two years ago, and data from online travel agencies show solid hotel occupancy. The only potential downside is high-ticket international travel, which could face headwinds from exchange rates and tariffs, but domestic and regional travel seem likely to compensate. Management said T&E is currently somewhat pressured but expects a gradual recovery this summer, mainly driven by leisure travel. Short interest for AMEX stock forecast positions is declining, suggesting fewer bearish bets and stronger conviction among long-only funds in sustaining upward momentum.