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Cramer Likes International ETF's

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Cramer is looking overseas for investment opportunities. He gave Mad Money watchers a foreign investment that has growth potential and a solid 3.3% yield. Cramer likes the iShares MSCI Brazil ETF (EWZ).

Why Brazil? Cramer states that the GDP growth estimates, "for all of 2010 now topping a GDP growth rate of 7.5%. Over 35 million people have recently joined Brazil's middle class, which now totals a robust 50% of the entire country. " He likes the portfolio's holdings and thinks that the Brazil economy is stronger than ever.

 

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Posted-In: CNBC foreign investing international stocks Jim Cramer Jim Cramer