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Editor's note: To provide you with a more comprehensive account of Cramer's remarks from the "Mad Money" episode that aired June 20, we present this excerpt. Click here to read the full Mad Money Recap for that episode.

There are only two big makers of passenger jets on earth, and one of them is imploding. I'm talking about


, Europe's feeble answer to


(BA) - Get The Boeing Company Report

. We're not even halfway through a seven-year-long aerospace cycle where new plane orders should be rolling through, but because Airbus can't get it together -- it's like the movie


, it's that farcical -- those orders will go to Boeing.

So when Airbus falls apart, buy Boeing, right? Well sure, if you don't have an ounce of creativity. That play is just too obvious for it to make you a dime; everybody on the institutional buy side will have beaten you to the punch and then some. No, if you wanna make money off of the pathetic collapse of Airbus, you've gotta think laterally, you've gotta look for the pin action. Boeing is already up huge at least in part because Airbus has been acting like it's run by Cheech and Chong, but there are some stocks that should be up, stocks levered to Boeing that have lagged because, let's be honest, Wall Street is being dumber than a bag of hammers.

That's right, there's some sweet pin action here that I think could make you a lot of money. But first, let's go through the steps, and then I'll give you the payoff.

You've probably heard the story: Airbus banked a lot on its A380 Super Jumbo Jet, at a time when more and more carriers want lighter, smaller, mid-sized planes. But it's worse than just a bad development decision, because not only do most airlines not want the A380, but Airbus can't deliver them on time to the few customers who want something that bulky.

Now, Airbus, which is part French, part English, is trying to beg for state assistance for the development of the kind of mid-sized jets -- think 777 and 787 -- that Boeing's been having so much success with lately. Their first attempt to come up with something in that class, the A350, met with a lot of criticism, so now they need another 10 billion smackers to develop a whole new class of mid-sized, long-range jet.

In America, airlines get bailouts. That makes sense; airlines face competition. But Airbus competes only with Boeing, and they messed up so badly that they're begging for state aid. I could devote a show to just how bad that company is, but I already spent too much time talking about


(VG) - Get Vonage Holdings Corp. Report

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the dog Monday. I want to get positive and make you some money.

So Airbus is a wreck, and that means Boeing wins a lot more contracts. So where's the pin action? You need to ask yourself a question that most of the guys on Wall Street just aren't patient enough to ask: Who supplies Boeing, but not Airbus? Those guys will get increased orders, too. What's good for Boeing is good for them. That's the pin action off this Airbus implosion.

I've got three companies that I think can help you profit off the pin action here. First up is

Triumph Group

(TGI) - Get Triumph Group Inc. Report

. I've been waiting to feature this stock on the show for months. Triumph is one of these companies that design and build components for planes and then follow them all the way down the food chain -- they do maintenance, they do repair, they do replacement. If Boeing buys some landing gear from Triumph, Triumph can keep that landing gear in good shape until it's ready to be retired.

Now, Triumph does have some exposure to the freighter version of the Airbus A380, but if you look at the company's backlog, it's the 10th thing down the list in revenue. That's pretty limited exposure. I wouldn't have included Triumph in this segment because of that, but it's such a great company, and the fact is, it's almost impossible to find aerospace companies that don't supply


Airbus and Boeing. I was lucky to get three.

After Triumph, I like


(HEI) - Get Heico Corporation Report

. They make replacement parts for engines, and not only do they do a lot more business with Boeing than with Airbus, but you've gotta imagine that the delays in the new A380s will help Heico entirely separately from the Boeing issue. You've got all these companies waiting for their A380s, they're not coming, and the old planes being used in the meantime need more maintenance, they need replacement parts, they need Heico.

The last piece of pin action here, the third pin to get knocked over by the Airbus implosion and the further ascendance of Boeing, which is a great stock that I don't mean to knock, I'm just looking for some undiscovered, unexploited opportunities -- the last piece of pin action is


( MOGA). Moog makes flight controls, and they're highly levered to Boeing's 787, one of those long range, mid-sized jets everyone wants a piece of, and the 747, which is really the direct competitor to the jet Airbus can't finish on time. That's gotta mean more business for Moog as Boeing gets more orders that would've otherwise gone to Airbus. These guys also have a little exposure to Airbus, but it's infinitesimal.

Bottom line: Airbus collapses. Don't just do the obvious thing and buy their one competitor, Boeing, even though it's a great company. The big money here is in the pin action in Triumph Group, Heico and Moog.

Please note that due to factors including low market capitalization and/or insufficient public float, we consider Heico to be a small-cap stock. You should be aware that such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information, and that postings such as this one can have an effect on their stock prices.

At the time of publication, Cramer had no positions in the stocks mentioned.

Jim Cramer is a director and co-founder of He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

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