"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) - Get Report

and

Banco Bradesco

(BBD) - Get Report

, which he said is "well behind the group and should be bought."

He also recommended Chilean lithium miner

Sociedad Quimica

(SQM) - Get Report

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.

He also targeted natural gas stocks as a green play. "I think that the market is saying that green includes natural gas," he said. "Natural gas hit under $4 today, and look at these stocks. They're screamin'!"

Cramer said that "lots of companies," including

GE

(GE) - Get Report

, are "ramping off of the weaker dollar. Today,

McDonald's

(MCD) - Get Report

and

Procter

(PG) - Get Report

both rose on upgrades.

"I've never seen big-cap stocks operate like this on an upgrade," he said. "What a market. What a smokin' market!"

At the time of publication, Cramer was long General Electric.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

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