Jim Cramer Talks About The 'Old Economy' And 'New Economy'

Jim Cramer offered two stocks to watch on Friday - one of the companies is part of the "old economy" while one is from the "new economy."

Teck Resources Ltd TCK, a company that is engaged in the business of exploring, acquiring, developing or producing natural resources, is an "old economy" stock. The company is often "affiliated with the idea that China is getting stronger."

Teck Resources was upgraded by Deutsche Bank to Buy from Hold - a move of which Cramer approves.

A "new economy" stock, Acacia Communications, Inc. ACIA, is trading lower by more than 5 percent Friday after the company priced a 4.5 million share offering at $100 a share.

The supplier of products for communications network priced its offering when the stock was trading at $109 per share.

Cramer is keeping a close eye on the stock, which is still up more than 200 percent since its IPO in May.

"Let's watch to see if this company can rally because there has been a move for this high end growth companies," Cramer said. "Watch Acacia, if they can price that deal at $100 and it rallies it shows you there is still demand for the highest growth stocks out there."