Mad Money Mailbag: Ameritrade Attractive

The online brokerage is benefiting from consistently higher trading volumes, and is also acquiring its own banking business.
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Editor's note: The following are questions received from viewers of "Mad Money," seen every day at 6 p.m. EDT on CNBC.

What do you think about NetBank (NTBK) ?-- Robert from Wisconsin

James J. Cramer

: I prefer

Ameritrade

(AMTD) - Get Report

, which I own in

my charitable trust, in this space. The online brokerage is benefiting from consistently higher trading volumes, and is also acquiring its own banking business, through the purchase of TD Waterhouse USA. I believe this purchase will dramatically improve Ameritrade's margins and earnings. The company expects the deal to close by the end of January, at which point management will also pay a $6 one-time dividend.

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