Mad Money Mailbag: Ameritrade Attractive
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.
Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by
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