Cramer's 'Mad Money' Recap: Three Stocks With Global Heft

DuPont's a Do

Another U.S. company that has made itself an international player is Cramer's No. 2 ROWer -- DuPont (DD Quote), the "big daddy chemical company."

In the fourth quarter of 2006, 65% of DuPont's business came from ROW, Cramer said.

"I don't want anything industrial that doesn't have international exposure," he said. But beyond international diversification, DuPont is a big consumer of oil, which means it is going to be the "biggest beneficiary" of the year-over-year decline in oil prices, Cramer said.

And the real kicker here is the company's agricultural growth, he noted. Plus, DuPont is also a member of the "global agricultural oligopoly."

DuPont has "gone global," and as "we want American companies to have as little American exposure as possible" until the Fed starts cutting interest rates, it is Cramer's second ROW pick.

United Tech Retake

Cramer's top Rest of World pick is United Technologies (UTX Quote).

The company, with roughly 60% of its revenue coming from outside the U.S., "has all the glorious ROW that we need," he said. While the stock is now clearly in the house of pleasure, there was a time when Cramer went negative on it. For that, said Cramer, United Tech CEO George David made fun of him, and "man was he right" to do so.

When a stock publicly humiliates him, skyrocketing after he goes bearish on it, people should know it's a "real winner," Cramer said.

United Technologies has "great management" and a "phenomenal" aerospace business, which is a huge driver of its international growth, he said. But what Cramer really likes about the company is that United Tech realized it had to diversify away from America and migrate to the rest of the world.

"It didn't want to be held hostage by the Fed," he said.

With United Tech we are moving away from a company like Whirlpool (WHR Quote), which has way too much exposure to the U.S., and moving towards a company like Emulex (ELX Quote), a stock that is not levered to the U.S. and is up huge, Cramer said.