Cramer's 'Mad Money' Follow-Up: Get It While It's Cold

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On Friday's "Mad Money" show, Jim Cramer said that investors should look for stocks that aren't hot now but are about to become hot. "Get it while it's cold," he said. For example, Abbott(ABT Quote), ConEd(ED Quote), Pepsi(PEP Quote) and General Mills(GIS Quote) were unloved two weeks ago but were all up last week. Cramer owns General Mills, Pepsi and Abbott for his Action Alerts PLUS charitable trust.

On Monday, Abbott closed down 87 cents, or 1.8%, at $46.71; ConEd added 24 cents to $37.03; Pepsi slid 42 cents to close at $53.49; and General Mills closed up 56 cents, or 1%, at $55.28.

On Friday, Cramer recommended unloved-at-the-time stocks such as BP(BP Quote), JPMorgan(JPM Quote) and Apple(AAPL Quote). He said that soon these stocks should once again be loved. He owns JPMorgan and BP for Action Alerts PLUS.

On Monday, BP closed down $1.98, or 4.1%, at $46.85; Apple lost $2.11, or 1.5%, to $137.37; and JPMorgan closed down $2.13, or 6.1%, at $32.87.

Cramer said that sometimes a hot trend, such as Internet video, is nearly impossible to invest in. The only play on Internet video, for example, is Cisco(CSCO Quote), which he owns for Action Alerts PLUS.

You might be able to trade the trend, though, Cramer said. He didn't offer specific recommendations, but for Speculation Friday, he suggested that viewers do some homework on a few stocks and see if they think they could profit from the Internet video phenomenon. One candidate was Ciena(CIEN Quote), which he said was the only stock other than Cisco that might make a good investment. Trade candidates also include Infinera(INFN Quote), Akamai(AKAM Quote), Cavium(CAVM Quote), EZchip(EZCH Quote) and NetLogic(NETL Quote).

On Monday, Cisco lost 51 cents, or 2.7%, to $18.41, and Ciena closed down 75 cents, or 7.1%, at $9.86. Infinera slid 47 cents, or 5%, to $8.98; Akamai lost $1.48, or 7.2%, to close at $19.05; Cavium closed down 43 cents, or 2.6%, at $16.43; EZchip added 35 cents, or 2.4%, to close at $14.75; and NetLogic gave up $1.68, or 4.6%, to close at $34.69.