American Express (NYSE: AXP) is a top holding for Warren Buffett-led Berkshire Hathaway's massive equities portfolio. It has worked out well, especially recently, as shares of the card payment giant have risen 153% in the past five years (as of Nov.

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GreensKeeper Asset Management, an investment management company, released its third quarter investor letter. A copy of the letter can be downloaded here. The Value Fund appreciated +4.7% (net) in the third quarter,

Despite stagnation in US commercial services, American Express is executing the plan well. Click here to read why AXP stock is a Hold.