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Disvery-2

November 12, 2007

Posted by Disvery-2

Visa IPO. Is it worth investing in VISA stock?

Visa's IPO has filed at $10 billion, which could be the largest IPO this year. After the run-up with MasterCard, why isn't everyone calling up their brokerage to get in on the IPO?

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CramerFanatic

November 12, 2007

Posted by CramerFanatic

4 stars ( 2 ratings )

Cramer is advising against, citing concerns with the overall market. Jim also comments that the last thing he wants is people owning a credit card.

"It's just a poorly-timed IPO and I think it's going to take one of the few stocks that are really leading us still here, Mastercard, and make it more problematic," Cramer said. This deal is the last thing investors need now and it is not good for Mastercard.

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