Cramer's 'Mad Money' Recap: Brazil's Winning Gol

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Brazilian companies such as Banco Bradesco (BBD Quote) and Companhia Vale do Rio Doce (RIO Quote) have made us money before, and it could happen again, Jim Cramer told viewers of his "Mad Money" TV show Thursday.

Gol Linhas Aereas Inteligentes (GOL Quote) is a Brazilian airline that he believes is worth getting behind. "If you want to become a true international stock pimp, Gol is for you," Cramer said.

Although he doesn't generally like airlines, Cramer said he's liked Gol off and on for some time. Now he feels it's time to get into the airline carrier.

For years Gol faced competition from Brazilian airline company Varig, which dominated the international flight market, he said. It was Gol's main competitor. However, last year, "beleaguered by debt, Varig went belly-up," Cramer said. And this week, Gol announced its acquisition of the company.

Now Gol has gone from a "troubled" airline carrier to one that is great, he said. "This is a stock that's headed higher."

And even though Gol is up today, we will not see weakness here for a long time, so it's better to get in now. But "do your homework first," Cramer advised. "I see a 30% move ahead."

Benefit of the Doubt

As part of Cramer's new "Benefit of the Doubt," or BOD, series, he told viewers that he's backing two teams.