Jim Cramer on American Express: “This Has One of the Most Reliably Unreliable Patterns”
American Express Company (NYSE:AXP) is one of the stocks in Jim Cramer’s game plan for this week. Cramer said that after earnings, the stock usually declines, which presents a buying opportunity. He commented: “Finally, Friday, well, we hear from American Express. This has one of the most reliably unreliable patterns. Amex has a tendency to decline right after it reports. Then you have to pounce because a week later, it turns out to be going much higher, and you’ve lost your chance. I don’t think it will ...