Aerospace Cycle Roaring Despite Euro Crisis

Despite the Euro crisis, Cramer said Monday the aerospace cycle is roaring. The “Mad Money” host noted airplane manufacturer Boeing caught an upgrade from Morgan Stanley Monday, citing a strong aerospace up-cycle that will continue to thrive despite Europe’s debt woes. The aerospace cycle is typically separate from the rest of the business cycle and tends to last seven years, he added.

So to play the aerospace industry, Cramer called attention to Hexcel . The company makes advanced composites for the aerospace industry, as well as for space and defense applications. But it’s mainly an aerospace play with commercial aerospace making up 55 percent of its total revenues.

Specifically, Hexcel gets well over 90 percent of its revenues from either Boeing or Airbus. Both companies go to Hexcel for parts because it makes extremely lightweight goods that are also very durable, Cramer said. Last quarter, Hexcel saw its commercial aerospace sales rise by 31.6 percent while sales tied to new aircraft programs rose by 35 percent.

Bottom line: Cramer thinks Hexcel is a buy, buy, buy.

Call Cramer: 1-800-743-CNBC

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