Jim Cramer Says “This Is a Terrific Level to Buy American Express”

1 week ago 5

Syeda Seirut Javed

Tue, June 23, 2026 astatine 9:31 AM CDT 1 min read

American Express Company (NYSE:AXP) was among the stocks Jim Cramer discussed arsenic helium said that the Iran bid negotiations could trigger an lipid glut, chill inflation, and propulsion involvement rates down. During the episode, a caller inquired if the banal is simply a "good buy," and Cramer said:

This is precisely the level wherever I privation you to enactment connected a 50% position, fractional a presumption connected virtually adjacent week, and past spot if it comes down. The banal is precise seldom down for the year, and it is down close now. It's down 9%. Steve Squeri is doing a dynamite job. I deliberation this is simply a terrific level to bargain American Express. By the way, Capital One has the aforesaid nonstop chart, truthful don't freak out. It's what the recognition cards are doing. But I deliberation present that gasoline's coming down, radical are going to say, ha ha, things are going to get better.

American Express Company (NYSE:AXP) provides recognition and complaint cards, outgo processing, banking, and travel-related services. The institution besides offers merchant solutions and disbursal absorption tools.

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