Cramer's 'Mad Money' Recap: Protecting Your Profits
Cramer said the last piece of the diversification puzzle is for investors to own a stock with foreign exposure. If the uncertainty in Congress has taught us anything, it's that sometimes being outside of the U.S. is a good thing. Investors don't need to think of exotic locations like China or Brazil, noted Cramer. Even good old-fashioned Canada or Mexico can make for terrific investments.
Cramer also endorses owning some ETFs for foreign exposure. He said the iShares FTSE China 25 (FXI) in China, the iShares MSCI Japan (EWJ) in Japan or the Vangaurd MSCI Europe (VGK) in Europe all make great proxies for trying to pick individual foreign stocks.
Cramer said it doesn't matter what country you invest in, as long as it isn't the U.S.
What's Right on REITs?
In his closing comments, Cramer responded to a viewer's question about owning real estate investment trusts, or REITs.He said that over the past 40 years REITs have outperformed nearly every other single stock out there. This is why he continues to recommend names such as Federal Realty Trust (FRT) .
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-- Written by Scott Rutt in Washington, D.C.
To email Scott about this article, click here: Scott Rutt