Cramer's 'Mad Money' Recap: Bulletproof Your Portfolio

The next bullet proof stock is Freeport-McMoran (FCX - Cramer's Take - Stockpickr), which he also owns for his charitable trust.

This stock has significant exposure overseas and does more business with China than the U.S., he said, noting it's a great stock for those that detest dollars.

Moving on, Foster Wheeler (FWLT - Cramer's Take - Stockpickr), which reported an "amazing" quarter Wednesday, is safety stock No.3.

He said Foster Wheeler has a market capitalization of $10 billion and could double that. This company is a multi-year story and is more about the Middle East than the U.S., Cramer said. In addition, he said it is planning a two-by-one split, which people will know more about in January.

Next is Transocean (RIG - Cramer's Take - Stockpickr), another Action Alerts PLUS stock. He said it is about to close its merger with GlobalSantaFe (GSF - Cramer's Take - Stockpickr) and is on track to close the deal by the end of the year.

Transocean is a "principal beneficiary" of higher oil prices and has basically no U.S. exposure, Cramer said.

Finally, there's MedoCoHealth (MHS - Cramer's Take - Stockpickr), the "ultimate bullet proof stock" that just reported the best quarter it has had so far, he said.

"These are the stocks you want for the worst case scenario," according to Cramer. "These are your bullet proof vest."