Jim Cramer says the post-earnings drop in American Express shares is a golden buying opportunity. The company beat Q2 2026 earnings expectations with EPS of $4.53, up 11% year-over-year, and raised full-year revenue growth guidance to approximately 10%, yet the stock fell after management chose to reinvest outperformance into growth initiatives rather than accelerate share buybacks, leaving full-year EPS guidance unchanged at $17.30 to $17.90. Cramer argues the market misread that decision, pointing to a 36% return on equity and strong demographic momentum, with Millennials and Gen Z now accounting for more than 60% of new accounts and Gen Z card member spending up 40%. American Express shares are down about 8.27% year-to-date but have returned roughly 110% over both three- and five-year periods, significantly outperforming the S&P 500.
American Express CompanyCramer calls post-earnings sell-off a buying opportunity, citing strong earnings beat and raised revenue guidance, with market misreading reinvestment decision.