Jim Cramer Thinks American Express (AXP) Being Linked To Gasoline Is Interesting

American Express Company (NYSE:AXP) is one of the 9 Stocks Jim Cramer Talked About & Commented On SpaceX’s IPO.

Travel and payments giant American Express Company (NYSE:AXP) remained one of Jim Cramer’s top stocks in 2025, as throughout the year, he praised the firm on its aspects, such as popularity among younger users. The shares are up by 28% over the past year and are down by 19% year-to-date. TD Cowen discussed American Express Company (NYSE:AXP)’s shares on March 31st as it cut the share price target to $330 from $375. Keeping a Buy rating on the stock, the financial firm pointed out that the impact of AI on the job market and global conflicts were contributing to economic uncertainty. Another factor that TD Cowen discussed in its coverage of American Express Company (NYSE:AXP) was the impact of high gas prices on consumer spending. In this appearance, Cramer also mentioned the stock’s performance in the context of fuel prices:

“I think that American Express was one of the worst performers. I think American Express down 17% seems pretty interesting to me. I’m willing to take a, I hate to say this, but a flyer, on some of these travel names, betting that they were too linked with gasoline. With gasoline, now breaching four dollar, but it can start coming down if the President says tonight, that the war’s going to end soon.”

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