Jim Cramer Talked About These 11 Stocks Recently

5. American Express Company (NYSE:AXP)

Number of Hedge Fund Holders: 62

Cramer highlighted American Express Company (NYSE:AXP), a financial services provider, as a strong stock, noting the skepticism about the sustainability of the travel boom, which AXP continues to disprove.

“Stepping back, I think the travel and leisure stocks remain undervalued because so many analysts keep thinking this story just can’t last. American Express, phenomenal stock, because people can’t think that travel can maintain this incredible pace yet all it does is accelerate.”

In October 2024, ahead of American Express’s (NYSE:AXP) Q3 earnings report, Cramer mentioned that during the last two times the stock dropped, he recommended buying it, and those calls proved to be accurate.

At that time, Cramer also highlighted the value of American Express’s (NYSE:AXP) conference calls, where the company provides detailed insights into consumer spending trends across generations, including Gen X and Gen Z. He noted that if the stock takes a hit, he would likely recommend it as a buy again, as his previous calls had been successful, and he planned to stick with his outlook.