Cramer's 'Mad Money' Recap: De-fense! De-fense!

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Pepsi (PEP Quote) and Genentech (DNA Quote) are two defensive stocks that can make you money come Monday, Jim Cramer told viewers of his "Mad Money" TV show Friday.

In addition, two aggressive plays that he believes could also make people money are AAR (AIR Quote) and Alcan (AL Quote), which he owns for his charitable trust, Action Alerts PLUS.

Stocks have been getting killed left and right, but not defensive stocks -- they have hung in there, Cramer said.

Not only were Friday's employment numbers bad, but companies like 3M (MMM Quote) and Advanced Micro Devices (AMD Quote) announced that their earnings were expected to fall short this quarter. Cramer said this tells him one thing: "We need more defense."

"I have the defensive plays when the market starts to stink and sink," he said. "These can make you money even in a hard-landing scenario."

While going defensive, Cramer reminded his viewers that they still need to remain diversified. Food and drugs are defensive stocks.

Pepsi, which is coming out with earnings before the bell on Monday, just did a great buyback, which acts as a cushion during a decline, he said. The company also cut down on its share count, which increases earnings per share, he added.

Gatorade and Frito Lay, two of Pepsi's divisions, are also expected to report better-than-expected results.

Genentech, another defensive play Cramer likes, is leading the biotech rally, Cramer said, adding that the Food and Drug Administration recently approved Genentech's Lucentis drug.

For an aggressive play, Cramer said he likes Alcan. Although Cramer earlier in the week had blessed a buy on Alcoa(AA Quote), he now believes it can wait, and prefers Alcan right now, since he believes it's more of a legitimate takeover target than Alcoa.