CNBC stock jockey Jim Cramer is touting Citigroup shares on news that the troubled bank plans to repay $45 billion in rescue money to Uncle Sam — seemingly brushing off concerns that a big stock sale could be dilutive.

On his subscription-only Web site RealMoney, a division of TheStreet.com, Cramer tells readers to buy Citi when the bank does its much-awaited sale issuance to raise money to repay its government debt. His logic: Citi will be the last chance to get in on a big stock deal now that Wells Fargo is the only TARP bank remaining. Also, he thinks the bank has real earning power “once the global economy moves into higher gear.”

He predicts the stock, now trading at $3 and change, will hit $12 by 2112.