On Monday's "Stop Trading!" segment on CNBC, host Erin Burnett asked Jim Cramer for his top Russia play.
"It's not an easy market to invest in," Cramer said. "Normally I'd say
," but it has "a lot of debt."
Instead, Cramer recommended vodka retailer
Central European Distribution
. "CEDC made the quarter," he said. "CEDC is hitting the ball out of the park." It does have a debt issue, but "unlike Wimm-Bill-Dann, this one's going to be able to pay it."
"They're drinking more and more in Russia," Cramer said. "Maybe that's because of hard times or maybe it's because CEDC has a great product."
At the time of publication, Cramer had no positions in stocks mentioned.
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
Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click
here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click
here to order his book, "Real Money: Sane Investing in an Insane World," click
here to get his second book, "You Got Screwed!" and click
here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by
TheStreet.com has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from TheStreet.com.