In the Lightning Round, Cramer was bullish on
Cramer was bearish on
Know Your IPO
In the "Know Your IPO" segment, Cramer reminded viewers that just because the IPO market has been red-hot doesn't mean investors should throw money at every IPO that comes along.
Cramer said satellite provider
, which is set to come public next week, is one IPO that investors should avoid. He said the company plans to raise $500 million by offering 21.7 million shares of stock, but the company remains unprofitable and buried under a mountain of debt. The satellite business is also risky, noted Cramer, as 20% of the company's revenue stems from government contracts around the globe.
But then there's
, a home builder primarily operating in Florida, Texas, Arizona, Colorado and California. Cramer said the housing-related IPOs have been on fire so far this year. With housing continuing to recover, this IPO should be no exception. Shares are expected to price between $20 and $22 a share, which would put them at a discount to the average home builder.
No Huddle Offense
In his "No Huddle Offense" segment, followed up on two of his speculative themes for 2013 -- the airlines and the mortgage insurers.
Cramer said the expected profits for the airlines this year are astounding and
remains his favorite among the group. Meanwhile,
(RDN - Get Report)
continues to get positive traction from Wall Street as that stock continues to surge higher.
Cramer said while both stocks have run big, don't leave the table just yet. There is still more to come from these two great sectors.
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-- Written by Scott Rutt in Washington, D.C.
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