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Jim Cramer — Watch Visa tomorrow

Visa (V - Get Report) the San Francisco-based credit card giant is "the best in show right now in the credit card space," says TheStreet's Jim Cramer.

Cramer expects Visa CEO Charles W. Scharf to "tell a fantastic story" on the company's second-quarter 2016 earnings call Thursday evening as Visa Europe continues to perform well and as Costco's credit cards shift to Visa. It is "big," Cramer says.

Visa reported a GAAP net income, inclusive of noncash, nonoperating income related to an adjustment in the company's fair value of its Visa Europe put option of...