"Russia's so hard. I'm just really scared of it," said Jim Cramer on CNBC's "Stop Trading!" segment on Wednesday. "It wavers between autocracy" and an American-style market, he said, though it has potential as a "great contrarian play."
As for China, he said, "If everybody's all in China, you do want to step for a moment and say, 'Wait a minute. I'm no longer contrarian.'"
He offered specific plays on Brazil, including Vale(VALE Quote) and Banco Bradesco(BBD Quote), which he said is "well behind the group and should be bought."
He also recommended Chilean lithium miner Sociedad Quimica(SQM Quote) as a play on Obama's green agenda, because of the use of lithium in batteries. "I think copper's going to be a play, and lithium's going to be a play," he said. ...
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