 |
 |
 |
 |
 |
 |
 |
|
|
|
|
|
|
|
|
● |
|
|
 |
| |
| |
 |
| |
|
| |
Friday, 02/29/08
Posted 03/02/08, 11:47
pm ET |
(Scroll down to see Jim's
comments below) |
|
| |
| |
|
Today's date:
Friday, 02/29/08 |
|
| |
Dow Jones: |
12,266 |
-
315 |
| |
NASDAQ: |
|
2,271 |
-
60 |
| |
S&P 500: |
|
1,330 |
- 37 |
| |
|
| |
|
| |
|
Final Segment 1
Title: |
'Cramer's Game Plan
For Next Week'
 |
|
. . . .
. |
|
Featured Stock(s): |
Visa Inc.
(V)
(the symbol will be "V"
when its IPO occurs 3/20
or 3/21, as expected.
See V's official
website
here.
See the Yahoo!
Finance profile for V
here.
(this won't work until the
IPO occurs after 3/21/08)
See Closing Segment 2,
below...
|
|
|
After this segment, you
can see Jim's
Sudden:Death picks
here... |
JJC:
Days like today, when
we're down 316 points,
make us want to pull all
of our money out of this
horrible market, and put
it in anything else...
But, in every bear market,
there is a silver lining,
if you know where to
look...
One of the things I
learned from running my
hedge fund is that, when
you get a market that
turns South like this...
when it becomes really
diffucult to make money,
and people start pulling
out of stocks all
together, which is what's
happening all over Wall
Street right now...
the brokers, after they
have thrown you under the
bus, like to toss you some
easy wins...
You see, they want to give
you a gift, to get you
back into the casino...
And the way they do it is
by giving you what I think
could be called a lay-up
intitial public
offering... something that
they underprice to you, so
that people who trade, who
give them commissions
buying other stocks, can
get in on the deal, and
maybe start feeling good
about the whole market
again...
. . . .
.
Now, these kinds of IPOs -
underpriced ones - are
really good for
everyone...
You get the equivalent of
free money. And
later on, the shareholders
in the deal, who you
really think are greedy,
because this thing came
public low... they
get to sell it in the
aftermarket for a much
higher price, so everybody
wins...
Now, I have a feeling that
the Visa Inc.
(V)
IPO coming next month,
will be one of these
deals...
. . . .
.
The IPO market has been
really crummy lately, if
you can even say that
there is one... and
the brokers are now
desparate to give their
clients a win... and I
think that win will be
Visa, which is gong to
trade under the symbol,
"V"... and I think
that you've got to be
there...
That's why your Game Plan
for Next Week is to do
everything you can to try
to get in on the Visa
IPO...
I'd love to start now...
I'd love to tell the
brokers now...
You don't want to be one
of those guys who hears it
right before... the day
before it comes public...
and says, "Get me some
Visa!"...
Those guys won't get
stock... trust me.
The Street really does
want to reward you right
now... This is
instant opportunity.
So, next week... you need
to go ask for some Visa...
. . . .
.
How is Visa, the company,
as opposed to Visa, the
giveaway (IPO)?...
The big comparison is to
Mastercard
(MA),
which came public in 2006.
It's been a huge winner
for the people who got in
early, including
hopefully... you, because
I praised this thing
endlessly...
It closed at $46 on its
first day of trading, and
its up 313% since then.
And that's with the stock
way off its high.
I think this stock is a
giveaway, but I wouldn't
be recommending Visa, if I
didn't think it could
follow the Mastercard
model to some extent...
In other words, I'm never
going to recommend a stock
because I think it's going
to give you a pop, if I
think it's crummy... and
this one isn't.
. . . .
.
With Visa's IPO pricing at
a range of $37 to $42....
That's what we're
hearing... that's called
the price talk... MA is
actually a better value,
based on earnings... and I
definitely recommend
buying MA on any weakness
off this deal, as I
suspect that shareholders
might
ring the register,
lock in some gains, and
then take the proceeds and
then buy Visa with it.
Now you don't want to own
both... That's silly and
anti-diversification...
But there's good reason to
think that Visa can go
much higher too...
. . . .
.
First of all, Visa's
bigger than Mastercard.
They're the market leader
in electronic payments.
In 2006, Visa did $3.2
trillion in volume, on 44
billion transactions,
which was almost double
the numbers that
Mastercard put up.
Visa's got 62% of the
electronic transactions
market, and Mastercard
only has 32%.
The larger the payment
network, the more
attractive it is for banks
to join.
Electronic payments is one
of the huge secular growth
trends around the world.
It's not just domestic at
all. It should make
you a lot of money for a
long time...
. . . .
.
This company has no credit
exposure. It makes
money processing
electronic payments.
A lot of people get this
wrong... A lot of
people also think that, if
the consumer slows down
domestically, it's going
to hurt them...
These are big
international companies,
and each transaction makes
a little money.
There were 71 billion
transactions... I
think that could double in
three years.
. . . .
.
The big question...
Can Visa follow in
Mastercard's footsteps?...
I think it will do what MA
did... It will keep making
itself more efficient
quarter after quarter...
I mean, that was big
engine of MA's run up...
It could be like that for
Visa.
Plus, Visa has got the
sponsorship for the
Olympics... They're
the official payment card,
and exclusive payment
service for the 2008
Beijing Summer Games, the
2010 Vancouver Winter
Games... the 2012 London
Summer Games... you get
it... They are the
olympic team.
It will matter. It's
a great branding event,
believe me.
. . . .
.
The Bottom Line!:
When Wall Street hands you
a gift, take it. Think
about getting in
on the Visa Inc.
(V)
IPO (i.e., their initial
public offering)...
. . . .
.
| |
|
| |
|
■ |
Stock Snapshots - Includes
all stocks mentioned above |
■ |
|
| |
|
|
Jim
Cramer's
rating on
this stock |
STOCK
SYMBOL |
Closing
price
that
day |
Opening
price
next
day |
Full Company
Name/Comments
(see comments above for
each) |
|

|
V |
na |
na |
Visa Inc.
(V)
(the symbol will be "V" when its IPO
occurs 3/20 or 3/21, as expected.
|
|
|
|
|
|
|
|
|
 |
 |
|
|
|
|
|
|
|
|
|
 |
|
See all of tonight's stocks'
latest quotes on
Yahoo! Finance |
|
|
 |
This holiday's
hottest tech
item... The
Flip!...
Completely
tape-free
amazing
60-minute
camcorder for
less than $200 -
great for young
and old!
(and still in
stock)
more details >> |
|
Most popular
investing books ordered:
(click any book to see at
Amazon.com) |
|
|
 |
|
|
|
|
|
|
|
|
|
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
|
|
|
|
|
|
|
We need your help!
If you find our service valuable, your
donation is critically helpful to support
our operating costs and is
MUCH appreciated!
(click below to donate) |
We are serving thousands
of
new visitors every day and our costs are
growing as well. Thank you for your
support & generosity!
|
|
|
|
|
| |
| |
|
Final Segment 2
Title: |
'On The Line'
CEO Interview
Sean Boyd, CEO |
|
. . . .
. |
|
Featured Stock(s): |
Agnico-Eagle Mines Ltd.
(AEM)
See AEM*'s official
website
here.
See the Yahoo!
Finance profile for
AEM
here.
|
|
|
After this segment, you
can see Jim's
Sudden:Death picks
here... |
Jim's comments BEFORE
Interview:
We're huge believers in
gold on the show.
You know that... I
think it's going to go up
maybe as high as $1600 an
ounce. I got that
from Mr. Marrone (CEO),
who runs
Yamana Gold
(AUY*),
which is the one that we
have been recommending
over and over and over...
But, you know what?
There are other gold
companies that are
growing, and we're seeking
them out... other
mineral companies that we
should be involved in.
I am not blind to others,
and I've got a good one on
the line right now.
I have got Sean Boyd...
He's the CEO of
Agnico-Eagle Mines (AEM).
This is a terrific
company... Sir,
welcome to Mad Money...
. . . .
.
Jim's comments AFTER
Interview:
You are my man... you are
a good operator... Guys,
I'm being too parochial
just recommending
Yamana Gold
(AUY*).
Right here, right now,
this Agnico-Eagle Mines
Ltd. (AEM)...
it's for me, and so is
Sean Boyd!
. . . .
.
| |
|
| |
|
■ |
Stock Snapshots - Includes
all stocks mentioned above |
■ |
|
| |
|
|
Jim
Cramer's
rating on
this stock |
STOCK
SYMBOL |
Closing
price
that
day |
Opening
price
next
day |
Full Company
Name/Comments
(see comments above for
each) |
|

|
AEM |
68.80 |
70.17 |
Agnico-Eagle
Mines Ltd. (AEM)
|
|
|
|
|
|
|
| | | | |