Cramer's 'Mad Money' Follow-Up: Aerospace

On Thursday's "Mad Money" show, Jim Cramer predicted an impending bull market in aerospace and encouraged viewers to get into the sector.

Boeing(BA Quote) is rated buy by only three analysts, which Cramer said provides an opportunity for upgrades. Also, the company's 787 plane will be flying soon.

On Friday, Boeing closed up $2.08, or 4.1%, at $52.65.

Boeing's suppliers will also benefit, he said, including Allegheny Technologies(ATI Quote), Alcoa(AA Quote), Precision Castparts(PCP Quote), United Technologies(UTX Quote) and BEA Aerospace(BEAV Quote).

On Friday, Allegheny added 55 cents, or 1.4%, to $40.91; Alcoa added 25 cents, or 2.3%, to $10.94; Precision Castparts closed up $2.38, or 2.8%, at $87.68; United Technologies gained $1.26, or 2.3%, to $56.39; and BEA Aerospace closed up 57 cents, or 3.5%, at $16.81.

Cramer put Wind River Systems(WIND Quote) on the Sell Block on Thursday because of Intel's(INTC Quote) takeover bid for the company. He'd recommended Wind River about a year and a half ago as a possible takeover play, and the stock is up 35% since then.

On Friday, Wind River lost 13 cents, or 1.1%, to close at $11.63.