Jim Cramer's Call - MasterCard

MasterCard (NYSE:MA) went up from IPO price of $39 6 months ago to $103.6 currently.

Checked the old news from Yahoo/Finance, found Jim Cramer commented on the stock on June 19, 2006. He compared MA with Vonage(VG)

Excerpt of the news on TheStreet.com:

MasterCard, on the other hand had a great opening, with a price that started at $39 and closed at $46. After, the stock flat-lined, but his was due to bad market conditions, Cramer said.

"I would stay away from Vonage, but I think you should buy MasterCard," he said, giving the credit card company two thumbs up.

Although there are merchants suing MasterCard and trying to undue its IPO, Cramer believes this is not a serious threat and pointed out that the company is still doing well. It is a strong business that is coming out with new products and variations on old products.

MasterCard also made a smart move by sponsoring the World Cup. This move will increase European penetration, as soccer is the sport of choice for every country but the U.S. and India. He said it is not too late to get into MasterCard and recommended buying the company's stock.

Head line news for MA since Aug.2, 2006

08/02/06:

•	MasterCard Net Tops Estimate at TheStreet.com (Wed, Aug 2)
•	MasterCard swings to a loss on special items at MarketWatch (Wed, Aug 2)

11/01/2006
• MasterCard's 3Q Profit Rises 82 Percent
AP (Wed, Nov 1)

Earnings increase pumped two jumps of the stock price.

MasterCard is a 40 years brand name. Strong brand advantage is existing...