21 Stocks on Jim Cramer’s Radar

11. American Express Company (NYSE:AXP)

Number of Hedge Fund Holders: 75

American Express Company (NYSE:AXP) is one of the 21 stocks on Jim Cramer’s radar. Expressing his bullishness on the company, Cramer remarked:

“Okay, this is a very hard question because Visa and MasterCard are valued much more highly, I think, than American Express in terms of PE multiple. I want American Express of these three, and I’ll tell you why. I think America’s Express has got this younger demographic that is really exciting and not really built into the price-to-earnings multiple. That said, look, these are all great companies… I met with Mastercard’s management this week. I talked with Visa’s management. You’re not going to go wrong owning any one of these companies. They’re three of the best companies in America.”

American Express (NYSE:AXP) offers a wide range of credit, payment, and financial services, including cards, banking, travel, and expense management, along with loyalty programs and fraud prevention. On April 1, Cramer called it one of “America’s great companies.” He commented:

“Yes, you do [buy more American Express] because Steve Squeri is incredible. I think it’s one of the great franchises of all time and I’ve studied it for 150 years. I think these guys… this is one of America’s great companies.”