Cramer vouches for behind
Jim Cramer
CNBC's Jim Cramer has been following the bull market in payment processing and the rise of digital transactions for a while  pounding the table on plays like Visa and PayPal.
But there are more ways to play the global cash-to-credit shift besides credit card companies and payment processors  so  Cramer  decided to analyze Global Payments  an international merchant acquirer that enables retailers to accept electronic payments.
"The stock of Global Payments has rocketed up more than 48 percent year to date  so good that  yes  I'm kicking  myself . I wish I had highlighted it earlier " the "Mad Money" host said. "These guys own the client relationships in the payments business and they're the ones who set pricing. They also have some e-commerce  cross-border and gambling-related solutions."
 Cramer  said Global Payments' outlook drastically improved when it bought Heartland Payment Systems in 2015 for $3.8 billion.
"Meanwhile  Global Payments is looking to expand internationally  " Cramer  said. "Right now  the rest of the world accounts for roughly a quarter of the company's sales. Asia  Europe  [the] Middle East  Africa  [and] Latin America is where the real growth is  so they're aggressively trying to take share overseas."
Typically   Cramer  doesn't like to invest solely on earnings reports. But given Global Payments' bullish guidance  strategic partnership with Vista Equity Partners and e-commerce expansion   he  made an exception to  his  rule regarding the company's third-quarter earnings report on Nov. 8.
"I don't like to game the earnings reports  but if Global Payments delivers another good quarter next week and the stock gets dinged anyway  I wouldn't be surprised if you're getting another buying opportunity "  he  said.
[TGT]  has been following the bull market in payment processing and the rise of digital transactions for a while  pounding the table on plays like Visa and PayPal.
But there are more ways to play the global cash-to-credit shift besides credit card companies and payment processors  so   [TGT] decided to analyze Global Payments  an international merchant acquirer that enables retailers to accept electronic payments.
"The stock of Global Payments has rocketed up more than 48 percent year to date  so good that  yes  I'm kicking   [TGT]  . I wish I had highlighted it earlier " the "Mad Money" host said. "These guys own the client relationships in the payments business and they're the ones who set pricing. They also have some e-commerce  cross-border and gambling-related solutions. [TGT] 
said Global Payments' outlook drastically improved when it bought Heartland Payment Systems in 2015 for $3.8 billion.
"Meanwhile  Global Payments is looking to expand internationally   [TGT] said. "Right now  the rest of the world accounts for roughly a quarter of the company's sales. Asia  Europe  [the] Middle East  Africa  [and] Latin America is where the real growth is  so they're aggressively trying to take share overseas."
 [TGT] doesn't like to invest solely on earnings reports. But given Global Payments' bullish guidance  strategic partnership with Vista Equity Partners and e-commerce expansion   he  made an exception to  his  rule regarding the company's third-quarter earnings report on Nov. 8.
"I don't like to game the earnings reports  but if Global Payments delivers another good quarter next week and the stock gets dinged anyway  I wouldn't be surprised if you're getting another buying opportunity "  he  said.