Jim Cramer: Brighter Days Are Ahead for American Express
A lot of people on Wall Street thought it would be difficult for American Express to survive without Costco, but Jim Cramer says it appears the company is thriving.
A lot of people on Wall Street thought it would be difficult for American Express (AXP) - Get Report to survive without Costco (COST) - Get Report , but TheStreet's Jim Cramer says it appears the company is thriving. Cramer says, "they have accelerated. they are putting a little more money behind the platinum card."Amex's latest quarterly report show's the company is turning around and that its shares may have bottomed, according to Cramer.
