Is Jim Cramer Reading the Stock Junkie Blog ? ? ?

From TheStreet.Com.

This is what Jim Cramer said about Mastercard YESTERDAY:

There are certain stocks that can make market players 50% of their gains, while other stocks in their portfolio "languish" Cramer said. Microsoft (MSFT - commentary - Cramer's Take - Rating) was one of the stocks that always brought people's portfolios higher. Cramer believes he has found another stock which should do the same -- MasterCard (MA - commentary - Cramer's Take). Although MasterCard has already gone up dramatically, Cramer said he has suggested other stocks that have had big runs as well, such as Research In Motion (RIMM - commentary - Cramer's Take - Rating), Cisco (CSCO - commentary - Cramer's Take - Rating) and NYSE (NYX - commentary - Cramer's Take) People might have missed "40-odd points" in MasterCard, but he believes that this stock still has "major upside." "The IPO was priced way, way too low, so forget that it has doubled," Cramer told viewers. "The stock should have opened at $60, maybe $70." Moreover, MasterCard is an "irreplaceable franchise," he said. "When a company gets "demutualized," it becomes a knocking opportunity. That's what has happened at MasterCard." Plus, not only does it have a "big opportunity in China," but also it "blew out" its earnings estimates with two major upside surprises, Cramer said. MasterCard has "pure organic growth" and "earnings power," he said. "I think this goes to $150."

MasterCard closed at $89.20 on Friday

Home Run from Mastercard International

Mastercard International, symbol MA, crushed earnings estimates for the 3rd quarter reporting $1.42 share. Estimates were in the $1.05 ballpack. The stock gapped higher yesterday trading over 14 million shares, which is about 14 times its normal daily volume. Many analysts have speculated that the IPO Price for Mastercard ( $38/share) was too cheap. Looks like they might have been correct given its current earnings announcement and future growth potential. Today the stock is trading around $87/share, an all-time high for the company who went public around 6 months ago. Mastercard is going to be a stock to buy and hold in my opinion. This may become a "blue-chip" stock that could become a core holding in a growth portfolio. As I stated earlier, I think Mastercard trades to $100/share by next year (maybe sooner). Big mutual funds are buying this stock as well as the individual investor. I also expect a stock split announcement and that should encourage more retail investors as well.