Who knew you could make money restoring Wall Street’s integrity?
That’s the business model at Duff & Phelps . The company plays the role of impartial third party to hedge funds trying to quantify hard-to-value assets and private-equity firms looking to keep their deals transparent. D&P adds its stamp of legitimacy, which is much needed in this post-Bernie Madoff world.
Cramer, who first recommended Duff & Phelps on Nov. 9, thinks the trend is worth trading, saying the company could see “major, multiyear earnings gains” that aren’t reflected in the stock right now. To get a better understand of exactly what the company does, including its bankruptcy restructurings and dispute and legal management, he invited CEO Noah Gottdiener onto Mad Money.
Watch the full interview here.
Call Cramer: 1-800-743-CNBC
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