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Cramer: Big IPOs coming next week

Thursday, 26 Sep 2013 | 6:22 PM ET
Incredible year for IPOs
Thursday, 26 Sep 2013 | 6:15 PM ET
Mad Money host Jim Cramer looks back on hot IPOs like BenefitFocus and FireEye. He recommends taking your money and running.

(Click for video linked to a searchable transcript of this Mad Money segment)

The IPO market has been white hot. But if you're not strategic it could burn you, badly.

Find out what Cramer has to say about some of the most anticipated IPOs in the week ahead.

RE/MAX

Cramer said he's not particularly enthusiastic about the Re/Max IPO.

"We know that the real estate market has cooled off since the spike in rates, and while Lennar just told us that the home building business is doing much better than we thought, this may not be the ideal moment for a real estate brokerage play like RE/MAX to be coming public."

However, Cramer added a caveat.

"I do think Re/Max is worth watching, if only to see which way the market jumps—it could be an important tell for everything associated with residential real estate."

Comstock Images | Getty Images

Burlington Coat Factory

Again, Cramer said he wasn't particularly enthused.

"I just don't have enough conviction in Burlington Coat Factory to give it my blessing here. Granted, this clothing chain has a powerful turnaround story the apparel stocks have been very much out of favor lately.

Potbelly Sandwich Works

The Potbelly IPO is something that Cramer is excited about.

"It will trade under the symbol PBPB and is expected to price next Thursday night. Potbelly has 280 locations in 18 states, and while the name doesn't exactly scream healthy eating, this company has a powerful regional to national growth story. We know the market has been favoring those," he said.

"The deal is expected to price at between $9 and $11, and I think it's worth getting a piece of," he added. "In fact I bless it all the way up to $15."

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And if you bought BenefitFocus or FireEye on Cramer's IPO recommendation a few weeks back he says it's now time to ring the register.

"I've got nothing against these companies, but their stocks have rallied tremendously in a very short period of time and you don't want to get greedy."

Also, if you follow the IPO market very closely Cramer also said, "Looking further into the future, keep an eye out for Veracyte in healthcare, and Criteo, Veeva Systems, Chegg, Voxeljet and CommScope in tech."

"I know how hard it is to get in on these, but that doesn't mean I shouldn't flag them," he added. "If you get a little stock on the deal, it can go a long way toward giving your portfolio a good 2013."


Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

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