Cramer's 'Mad Money' Recap: Notable Sector Acronyms

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"As great as the mining and mineral stocks have been, there's not enough money to go around to buy both tech and the mineral stocks," Jim Cramer told viewers of his "Mad Money" TV show Thursday.

Traders are selling tech to buy hot mineral stocks, he said, putting tech alongside health care as a sector that is out of favor.

But that doesn't mean that money can't be made, said Cramer, even though "the bull markets are getting fewer and farther between." So, he had a couple of money-making acronyms for viewers to remember.

The first was BRIC, which stands for Brazil, Russia, India and China. These are the countries that are buying all our stuff in order to keep up with their stratospheric growth, he said. And since they're essentially in the midst of their industrial revolutions, he said, they are going to spend despite what the Federal Reserve does.

This fast growth and development means that there are bull markets in mining and minerals, infrastructure, carbons, including oil, and aerospace, he said. And that's where the acronym MICA comes in.

Cramer said that he would take a look at Gerdau(GGB Quote), a Brazilian steel company that also has a U.S. subsidiary. But he said that he would avoid the subsidiary and go straight for the parent company, which trades on the New York Stock Exchange.

With the Brazilian economy on fire and with Latin America heading toward the capitalist fold, a big steel producer "is precisely what you need," he said.

Gerdau fits right into MICA, and it has cheaper raw ingredient costs than a company like Nucor(NUE Quote), he added.

But Cramer admitted that a strong Brazilian currency has weighed on Gerdau, putting it at a disadvantage when competing with other steel imports. But even with the expensive currency, demand is strong enough that the company should grow.

And it's a low-cost producer, so it can still grow out of any problems because the vast majority of its sales come from within Brazil, he said.

Cramer said that the most interesting infrastructure play is AES(AES Quote) because the company is "becoming a worldwide power merchant."