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Jim Cramer's 'Stop Trading': Buy Visa

Stock quotes in this article: MA , XTO  

Buy Visa, Jim Cramer said on CNBC's "Stop Trading!" segment Monday.

Cramer made the call in anticipation of Visa's initial public offering, which the company said would be priced at between $37 and $42 a share, raising a total of $15 billion to $17.1 billion. Another possible offering, implemented to meet demand, would boost the total to $18.8 billion. If successful, such an IPO would be the largest in U.S. history.

Cramer compared Visa's decision to sell additional shares to a secondary offering made by XTO Energy (XTO Quote) last week. He had strongly urged viewers to get in on that trade.

"You gotta stop selling a lot of the banks that own a lot of Visa," Cramer added. He mentioned National City (NCC Quote) as one example. ...

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