Jim Cramer Calls American Express’ Quarter “Spectacular”

Core Viewpoint - American Express Company (NYSE:AXP) reported a strong quarterly performance, contributing to market rallies, as highlighted by Jim Cramer [1] Company Overview - American Express provides payment, credit, and financing solutions, along with travel, lifestyle, and expense management services [1] - The company also offers merchant processing, loyalty programs, and fraud prevention solutions [1] Financial Performance - American Express is projected to have 12.6% earnings growth next year, slightly above market expectations [1] - The stock is currently trading at less than 20 times next year's earnings, which is relatively cheaper compared to the overall S&P [1]