American Express (AXP) Is An Example “People Just Want To Emulate,” Says Jim Cramer

We recently published 8 Stocks Jim Cramer Talked About. American Express Company (NYSE:AXP) is one of the stocks Jim Cramer recently discussed.

Payment and lifestyle services provider American Express Company (NYSE:AXP) is one of Jim Cramer’s top stocks in the space. Throughout the course of the year, he has continued to praise the firm’s card and loyalty offerings by pointing out their popularity with younger users. Cramer is also a fan of American Express Company (NYSE:AXP)’s CEO Steve Squeri and lamented that he should have sold the stock during a weak period to be able to tell viewers that they can buy it. In this appearance, he commented on American Express Company (NYSE:AXP)’s loyalty program and value were standouts in the market and made others want to emulate the firm:

“American Express. . .that chronically people say, listen this is the last good quarter. And chronically they deliver. They offer very seriously good product and people think it’s value. The perceived value, nature of things, people feel that. . .perceived value, American Express I think does offer great value. When you think about Starbucks, and we’ll get to Starbucks, like I’ll say, who’s loyalty program? Who do you emulate? I mean people just want to emulate American Express, they do a great job, their points.”

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Disclosure: None. This article is originally published at Insider Monkey.