With the new Chinese leadership highly incentivized to get things moving quickly, Cramer said he'd play China with the iShares FTSE China 25 (FXI) ETF, which represents a basket of high-quality Chinese stocks from materials to telecom. Best of all, the FXI pays a hefty 4.8% dividend.
In the Lightning Round, Cramer was bullish on Toro (TTC).
In the "Executive Decision" segment, Cramer once again spoke with David Demers, CEO of Westport Innovations (WPRT), a natural gas engine maker that's doubled since Cramer first recommended it in January 2010, but also one that's fallen 28% from its highs in August, as hopes for a quick transition to natural gas for heavy trucks faded with an Obama re-election.Demers said it's important to realize the enormity of the industries Westport and the entire natural gas industry are disrupting. He said everything from the fuel producers, to refiners to filling stations to vehicles and engines all must coordinate in order to make natural gas a prominent surface fuel. Demers noted that while signs may not be visible to the public, things are indeed happening. When asked about his company's lagging quarterly results, Demers characterized them as merely a pause in the transition. He said while last year was strong, the economy this year has pushed some sales into 2013. Those sales will be coming, he added, saying that the next generation of products, including a long-haul engine, will drive growth throughout next year. Cramer fell short of offering a recommendation on Westport, continuing to express optimism for the future of natural gas as a surface fuel but noting that the transition has been riddled with delays for years.