To make a lot of money in not a lot of time, market players need to get into the next hot initial public offering, Jim Cramer told viewers of his "Mad Money" TV show Friday. AeroVironment, which is expected to go public next week and trade under the symbol AVAV, is the next hot IPO, according to Cramer. The company makes small unmanned aircraft used for surveillance, he said. Even though AeroVironment may have the risk of competition, it's the only company that makes a plane weighing less than a pound. That's what gives AeroVironment an edge, Cramer said. The Pentagon has been "pouring money" into it, as the small, quiet planes AeroVironment makes are used by the army "to spy what's happening 'over the hill,'" he said.
Southern Comfort"If you're a conservative investor who doesn't like risk, you have to figure out if you want upside or if you just want income," Cramer told his viewers. For those people who don't want mad money but want just a low, steady source of income to save for their retirement, he offered two bond replacement stocks: Consolidated Edison ( ED) and Southern Co. ( SO). Bonds, Cramer said, are not exciting and are called fixed income for a reason: because you know how much you will get paid with them. However, if market players find stocks with high dividends in a low-risk sector, they can get the same income as a bond with the upside potential of stocks, he said.
Game Plan: Listen and LearnIn his game plan, Cramer warned viewers that next week is going to be difficult to make money because of all the earnings reports that are set to come out. Therefore, instead of acting, he advised people to listen next week. For Monday, Cramer told market players that the key quarter to look out for will be that of Texas Instruments ( TXN). This will be the "crystal ball into the world of technology." A good quarter should turn around the gloom in tech, but that scenario is unlikely, he said. On Tuesday, listen to what Coach ( COH) has to say, because it should guide viewers about to what to do with other high-end, luxury stocks, Cramer said.
Hot TamalesCramer welcomed Steve Ells, Chipotle Mexican Grill's ( CMG) chairman and chief executive, to the show and asked him if the company can keep up its "fabulous" performance. "We sure hope it can keep up," Ells responded. It has been able to do so well, he believes, because although Chipotle is a fast-food restaurant, it doesn't act that way in some key ways: food, service and atmosphere. "And customers are going crazy for it all over the country," Ells said. "We are opening up 95 to 105 new stores because we can find great real estate and managers for that number," he continued. Responding to Cramer's question regarding rising food costs, Ells said the good news is that Chipotle will see no immediate effect of this. Therefore, Chipotle has some time to figure out what it's going to do, the CEO said. "We're going to keep our eye on it."
Lightning RoundCramer was bullish on Covance ( CVD), Continental Airlines ( CAL), Rite Aid ( RAD), International Flavors & Fragrances ( IFF), JPMorgan ( JPM), Capital One Financial ( COF), Level 3 Communications ( LVLT), Best Buy ( BBY), AT&T ( T) and Toyota Motor ( TM). Cramer was bearish on JetBlue Airways ( JBLU), Bare Escentuals ( BARE), Sky Financial ( SKYF), Western Refining ( WNR), Electronic Arts ( ERTS), Corning ( GLW) and FairPoint Communications ( FRP). For more of Cramer's insights during the Lightning Round,
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