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When James Altucher from

Stockpickr.com recently asked people their top picks for a

country to invest in, Jim Cramer responded with France.

"France, of all places, is the best market in the world because of Nicolas Sarkozy," he told viewers of his "Mad Money" TV show Wednesday. Although everyone expected him to give a "standard" BRIC (Brazil, Russia, India or China) answer, Cramer explained that Brazil is too levered to the U.S. economy, he doesn't trust the accounting in Russia or China, and India has moved too much.

Meanwhile, Cramer believes that Sarkozy could "single-handedly" turn France into the best market in the world if he wins the presidential elections. It would be a win of the "capitalist counterrevolution," Cramer said.

With the strength Cramer sees in some of these French stocks, "this is the France of equality and profitability," he said. "We're about to have the right man running France," and to celebrate, Cramer gave viewers two stocks to play "the most exciting market in the world."

The first incursion into the French market, he said, is

CGG Veritas

( CGV), an oil patch play.

The company is involved with geophysical services, which means that it maps the land for oil exploration companies to let the drillers know where they should be digging. CGG Veritas is also the largest supplier of the equipment used to find the land and map it, Cramer said.

In addition, the fundamentals here are strong, and offshore drilling is big, as is evident from

Transocean's

(RIG) - Get Report

recent number, he said. Cramer owns Transocean for his charitable trust,

Action Alerts PLUS.

France is the "No. 1 market" right now, and people should invest in it with CGG Veritas, he said.

French Tips

Cramer's second France-based pick and "the stock people should reach for first" is

Veolia Environnement

(VE)

, he said. The stock is a play on water, waste management and transportation, which in the end makes it a play on privatization.

Cramer believes that water and the treatment of waste water is being privatized worldwide and that VE is the beneficiary of that because it's "more efficient" and "does a better job."

With services in 57 countries, VE is an international business, he continued. And not only is its waste management business massive, but it also has the ability to convert waste into energy.

It's the larger provider of energy consumption services, too, which is good in a world where people are starting to take global warming seriously, Cramer said.

No matter who wins the French election, Cramer said VE is a stock he likes, and he called it a buy.

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As a more speculative play on Sarkozy winning the elections, Cramer recommended

Taser

(TASR)

because Sarkozy has said he'd like to put a Taser stun gun in every police vehicle in France.

"If Sarkozy wins, this would be a huge win for Taser," Cramer said. However, he warned viewers that Taser is "not for the faint of heart" and is "a risky speculative play."

Am I Diversified?

As part of the "Am I Diversified?" game, Cramer's first player called in with the following five stocks:

Disney

(DIS) - Get Report

,

eTelecare

( ETEL),

Brocade Communications

(BRCD)

,

Sirius Satellite Radio

(SIRI) - Get Report

and

Jones Soda

(JSDA)

.

Cramer said that although the portfolio looks diversified on the surface, it has four speculative names: Sirius, Jones Soda, Brocade and eTelecare. He suggested the caller pick up "high quality" defense, health care and machine industrial stocks.

The next caller named these five stocks:

Deere

(DE) - Get Report

,

Gilead Sciences

(GILD) - Get Report

,

Polo Ralph Lauren

(RL) - Get Report

,

J.C. Penney

(JCP) - Get Report

and

Halliburton

(HAL) - Get Report

, a stock Cramer owns for his charitable trust.

He said Ralph Lauren, as an apparel company, and J.C. Penney, as a retailer, could be considered a pair. But since all the five stocks in the portfolio were high quality, Cramer blessed it as diversified.

Cramer's last caller said his portfolio was made up of the following five plays:

CNA Financial

(CNA) - Get Report

,

Exxon Mobil

(XOM) - Get Report

,

Yamana Gold

(AUY) - Get Report

,

Goldman Sachs

(GS) - Get Report

and

Diageo

(DEO) - Get Report

, the last two of which Cramer owns for Action Alerts PLUS.

Cramer called the caller's portfolio perfectly diversified.

During the "Mad Mail" segment, Cramer said he would buy

Verizon

(VZ) - Get Report

as a telco play and that he is a "big believer" in

Apple

(AAPL) - Get Report

.

He told another viewer that he believes we will be sliding into a recession if the

Fed

doesn't cut rates. However, Cramer said this shouldn't take the

Dow

down because it has a lot of international stocks. Cramer likes "aggressive international or defensive domestic" stocks here.

Responding to his last mailer, Cramer recommended buying

Level 3 Communications

(LVLT)

"aggressively" for its next run to $7. LVLT closed at $5.42 on Wednesday.

During the "Sudden Death" round, Cramer was bullish on

SWS Group

(SWS)

and

Goldman Sachs

(GS) - Get Report

. He was bearish on

Acme Packet

( APKT).

Lightning Round

Cramer was bullish on

Nymex

( NMX),

Dendreon

(DNDN)

,

Patterson-UTI Energy

(PTEN) - Get Report

,

Nabors

(NBR) - Get Report

,

Accenture

(ACN) - Get Report

,

Altria

(MO) - Get Report

,

Energy Metals

( EMU),

Mosaic

(MOS) - Get Report

,

Healthcare Services

(HCSG) - Get Report

,

Chemed

(CHE) - Get Report

and

Vulcan Materials

(VMC) - Get Report

.

Cramer was bearish on

DivX

( DIVX),

Nvidia

(NVDA) - Get Report

,

Fronteer Development

( FRG) and

Andersons

(ANDE) - Get Report

.

For more of Cramer's insights during the Lightning Round, click here

.

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.

At the time of publication, Cramer was long Altria, Halliburton, Transocean, Diageo and Goldman Sachs.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

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