RealMoney Radio Mailbag: Interested in India

A listener learns Cramer's Indian IT outsourcing pick.
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Editor's note: The following are questions received from listeners of "RealMoney Radio." To send Cramer a question about topics from his radio show, click here. Listen to Cramer's latest radio show by clicking here.

What is the best Indian IT outsourcing stock?-- Matthew from Chicago

Jim Cramer

: Right now my favorite Indian IT outsourcing company is

Cognizant Technology Solutions

(CTSH) - Get Report

, which is actually headquartered here in the United States. Cognizant is a fairly expensive stock at 44 times earnings, but the company is growing more than 40% a year and is heavily levered to the high-growth financial and health care sectors.

When you recommended Chesapeake (CHK) - Get Report, were you talking about the common stock or the preferred stock?-- Geoff from Illinois

Jim Cramer

: With Chesapeake I was referring to the common stock, which has the ticker CHK.

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At the time of publication, Cramer had no position on the stocks mentioned.

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