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Jim Cramer's 'Mad Money' Recap: American Express Is Back on a Growth Track

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"Don't overstay your welcome and ignore a big shift," Jim Cramer told his "Mad Money" viewers Thursday evening. When a situation changes, investors need to be nimble and willing to change their minds if they want to make money.

American Express (AXP) is a great example. The stock soared 9% Thursday after the company surprised investors with better-than-expected earnings. No longer is the company cutting guidance and showing slower growth - something that took the stock down from the mid-$90s to the low-$60s over the past few years.

The situation is now improving and that "solid quarter" shows that too many short-sellers overstayed their welcome, Cramer said. The stock is a buy, even after Thursday's big rally.

Take Netflix (NFLX) as another example. After two quarters of disappointing subscriber growth, the company stunned the Street with a very strong earnings report a few days ago. As a result, the stock has been on a three-day tear, rallying more than 23%.

Cramer said he had been...