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Hot Chile - Cramer's In-Depth (5/15/08)

Posted on May 16, 2008

Stocks discussed in the in-depth session of Jim Cramer s Mad Money TV program, Thursday May 15. Banco Santander (SAN)Even though Chile s economy is cooling off, it is still hotter than that of the U.S., commented Cramer who is bullish on SAN, the Chilean bank which smart money uses as a proxy for exposure to Chile. Cramer called SAN a stealth play in China, and as China grows, so will Chile. SAN has the highest credit rating of any South American company and is the most successful bank in Chile. SAN saw an asset growth of 24% in 2007, the stock is up 20% and offers a 4.5 % dividend. Regul...

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china , earnings , economy