Berkshire is a Big American Express Backer: Chart of the Day

American Express isn't just the Chart of the Day -- it's also a Jim Cramer Action Alert Pick.
Author:
Publish date:

American Express isn't just the Chart of the Day -- it's also a Jim Cramer Action Alert Pick. The combination of Cramer's interest and the fact that Am-Ex is a Warren Buffett stock might be sufficient to entice some investors, but it hasn't been enough in 2014: the stock is just above break-even so far this year. That's despite American Express' being named one of the world's most valuable brands by Interbrand, and it comes as the company is facing some pressure. Reports emerged earlier this week that Costco is considering a change to its relationship with the card provider.