Why This Hedge Fund Manager Doesn't See Tremendous Value In American Express

Hedge Fund Manager and Rand Strategic Partners Founder Todd Sullivan discussed American Express Company

on the show. Sullivan felt that the company had lost its cachet as banks introduced premium charge cards with benefits and privileges. The future of the company was "a little cloudy," Sullivan said, as competition had increased while the company continued to operate as it had in the past. "Having an American Express Platinum card isn't a big deal anymore where 10 or 15 years ago it probably was," according to Sullivan. American Express Company recently traded at $78.63, down 1.26 percent. Listen to the show here: