On Friday, Cramer warned that “safety stocks aren’t safe” now. But he did say one stock was “about to rip.” Which?

Recently IPO’d Intrepid Potash (IPI) hit a 52-week high today, and “I want to buy it still,” Cramer said. “I think IPI’s about to rip.”

IPI doesn’t make the cut for the models I use, so I have little to add other than “recently IPO’d” stocks should have a fairly easy time setting 52-week highs.

The name may sound funny, but the Little Sheep (0968.HK) restaurant chain is a business well worth your investigation. Little Sheep is a chain of 'hot pot' restaurants that is famous for its Mongolian-style mutton dishes. Little Sheep is a huge business in China. In 2006, it grabbed an amazing 11.8% of all the full-service restaurant business in China! There are currently around 350 Little Sheep restaurants around China, but the company will be using the IPO proceeds to finance an aggressive expansion plan. At 27 times 2008 earnings, it is a little pricey, so I would wait for a pullback. You will have to wait though because U.S. investors are not allowed to buy Hong Kong IPOs for 40 days.

The greatest IPO of 2008, Visa Inc. (NYSE:V) is a story of the ages. Visa shares hit $89 this month but have since fallen to $75.  Visa shares are down almost 14% since the high, so could this be the entry point we have been waiting for? Masters, here is the latest buzz: Via StreetInsider.com: Following the initial surge in Visa's stock price after its IPO on March 19, which also created upside in shares of MasterCard, the two credit card company's have since pulled back from record highs: shares of Visa moved as high as $89.84 (on May 7) just a day after MasterCard broke the $300 level, but both stocks have fallen about 9% from these levels. Considering each company's RSI (relative strength index), Visa and MasterCard seem to be moving to their most ...

AFSI was by far my largest long position in 2007 as this chart was about as near-perfect as they can get for an IPO. It was a very easy decision to load up on this one (It only got to 15% of the portfolio due to the low VIX and low volume in the overall market). However, it was still big enough to make a strong impact on my accounts. From the start to the finish, AFSI gained 89%, 85%, and 73% respectively, from each of my longs, in three months. It wasn’t a huge Monster Stock but considering the horrible low-VIX environment that we have been in since 2006 it was definitely a big winner. This is the difference between a Monster Stock at the start of a bull market (TASR ‘03) and a Monster Stock near the end of ...