Jim Cramer Discusses These 10 Stocks & Says US Faces Unfairly High Tariffs Abroad

2. American Express Company (NYSE:AXP)

Number of Hedge Fund Holders In Q4 2024: 71

American Express Company (NYSE:AXP) is a payment and travel services provider. During his previous comments, Cramer has been nothing but full of praise for the firm. He is a fan of American Express Company (NYSE:AXP)’s CEO and has praised the firm’s card deals which are popular with younger customers. Cramer has also made the firm’s business as a proxy for the travel industry and consumer spending in the US. Here are his latest comments about American Express Company (NYSE:AXP):

“Uh I don’t understand why anyone would be bearish about that. Now I do think that the trends in American Express are very good. I think that February was very good. People think that February was bad. They’re doing a lot, again they’re doing so much with millennials, with Gen X. The number of people signing up for cards is good. But against that you can see quick drop off. That was the so called end of the travel bull market. . .and I really like it. And I think Steve Squeri is one of most forward thinking executives and I like that stock right here. I like it right here.”