American Express (AXP) shares have fallen from 52 week highs to 52 week lows along with the rest of the market. Investors are now being offered a chance to pick up some shares in the sell off. The virus will have an impact on the company's earnings, but I believe it will be temporary. While the company usually only approves those with higher credit ratings, it has been expanding into lower brackets to acquire growth. Naturally, there are only so many affluent customers for the company to reach, so this was inevitable. The problem with this becomes that the company is more at risk during an economic downturn due to not only being a payments processor but a financial institution that owns the loans it makes. Thus, American Express may not be the type of risk asset every investor should own.

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