Mad Money Spotlight: Digital Globe's IPO

Cramer said he believes Digital Globe is a better company than Geo Eye, and that Digital Globe shares could hit $27. Paying $20 to $22 a share to get into the IPO is a good entry point, Cramer said.

In 2008, Digital Globe earned $53 million on revenue of $275 million. In its IPO, it won't be getting much of the cash. The offering appears mostly to be a way for insiders and VC holders to exit their investments: more than 90% of the shares in the IPO are owned by existing investors.