Cramer's 'Mad Money' Recap: An Italian Call to Arms

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It's time to go to Italy and pick up shares of Finmeccanica, Jim Cramer told viewers of his "Mad Money" TV show Wednesday.

The Rome-based company builds weapons, nuclear power plants and also has a locomotive business, Cramer said, making it a great triple play.

The upside of being involved in nuclear power in Europe vs. in the U.S. is that in Europe you can actually build the plants, Cramer said. And just like its other two businesses, the locomotive business is red hot in both the U.S. and in Europe, he added.

Unlike American conglomerates like Tyco(TYC Quote), Finmeccanica's core businesses are strong, Cramer said. So as this company spins off more small businesses, the more valuable it becomes with its three main business lines.

To make the deal sweeter, the company's revenue is growing, but Wall Street analysts haven't revised their numbers yet, Cramer said.

He said it's better to buy the stock in Milan on that stock exchange, rather than on the pink sheets in the U.S.

A caller wanted to know if there were any pure plays on uranium.

Cramer said that Cameco(CCJ Quote) was the only company he would recommend as a pure play, adding that Rio Tinto(RTP Quote) had some exposure to uranium.