American Express (AXP)’s CEO “is Remarkable,” Says Jim Cramer

We recently published 11 Stocks Jim Cramer Shared His Insights On.  American Express Company (NYSE:AXP) is one of the stocks Jim Cramer discussed.

American Express Company (NYSE:AXP) is a stock that Jim Cramer has used as a proxy for consumer spending and remained optimistic about throughout the year. He believes the firm’s CEO, Steve Squeri, has done a good job with the firm’s payment cards. One aspect of American Express Company (NYSE:AXP)’s cards that has won over Cramer’s praise is their popularity with younger users. The CNBC TV host has shared his and his family’s experiences with the products, and has defended the stock by saying that it’s a great opportunity to buy while others sell. In this appearance, he used American Express Company (NYSE:AXP) as an example of a stock that was holding its ground as the broader market struggled and discussed the firm’s CEO:

American Express (AXP)'s CEO "is Remarkable," Says Jim Cramer

“I mean look what’s up. Okay. Look what’s up. American Express has had a great quarter.

“American Express has, Steve Squeri is remarkable, he has turned that company into a millennial paradise. He always talks about that when you interview him, I think he’s sensational. He’s an unsung hero and I think he’s doing an amazing job. . .”

While we acknowledge the risk and potential of AXP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AXP and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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