A great play on the strength of oil and the euro is Gardner Denver, Inc. (GDI) but it is not the most sexy stock for investors. This is a boring industrial company that makes the tools that are needed to extract oil from the earth. Right now a lot of oil companies are spending big money on these tools right now. The stock was called cheap by Cramer. He pointed out if Baker Hughes Incorporated (BHI) and National-Oilwell Varco, Inc. (NOV) can trade at 15 and 16.5 times next years earnings then GDI which is trading at 11 times earnings should be at a 13 or 14 multiple. GDI has international growth as well with 58% of sales from overseas, Europe alone is 36%. They make money in euros then convert back to dollars at incredibly beneficial exchange rates. This is a stock that you want to pounce on when the market gives you a discount and when oil is down like it was today.

Last year there was a change in Canadian tax laws that hit energy trusts. There was concern that it would be too attractive for foreign companies to ignore this and Jim found a way to profit from what is going on. Recently Abu Dhabi National Energy Co. purchased Canada's PrimeWest Energy Trust (PWI) at a 33% premium. Other trusts are targets now and they are too cheap right now and this alone should send them higher. Jim used a formula: the cost of acquiring a company at its current quote, divided by barrels of oil equivalent produced per day. This formula gave him five trusts much cheaper than PWI. Baytex (BTE) offered the most upside to him. Jim was assuming that BTE even taken out at a 15% discount to the enterprise value per barrel per day that PWI got would leave roughly 47% upside from the current quote. We were told that the next time oil goes below $80 per barrel to load up on BTE.

A downturn in the market like Cramer said would happen yesterday, if it does he would be buying CRBL Group, Inc. (CBRL) because its cheap. They have bought back 54% of its shares in the last 18 months and they plan to buy another million shares. Last week they beat earnings estimates and guidance was above consensus estimates. The dividend was boosted as well. Fundamentals are obviously sound and the company saw a big reorganization last year. They also sold off a weak subsidiary in Logan's Roadhouse. CBRL is a good play with the buyback and reorganization so look into it.

This week Jim is highlighting companies that do a large portion of business outside the U.S. Tuesday Textron Inc. (TXT) was his pick, this is a company that makes luxury jets, helicopters, military aircraft and land vehicles. Yearly Honeywell International Inc. (HON) gives an outlook for the business aviation industry. They told us this year we should see record setting numbers with them expecting 14,000 new business jets to be delivered in the next decade. Cramer told us the best part of the report was that the rest of the world is having a much bigger demand for jets than the U.S. TXT's rest of the world growth is triple that of the operations in the U.S. They are levered to the military so they shouldn't see a problem in the U.S. market. The best way to make money is to move outside the U.S.

Navistar International Corporation (NAVZ.PK) was brought up today as it may be a risky stock but could be a real money maker. This truck engine maker trades on the pink sheets because they have to restate some old financial statements. On October 25 they restate some old financial statements and this means they should be back on the "big board soon enough." A part of the business is making mine resistant MRAP vehicles and if the Department of Defense gets the budget approved tomorrow they could up the fleet from 2,000 to 14,000 of these vehicles and that would be a good catalyst for a company with 44% of the orders. They trade at a discount to competitors Cummins Inc. (CMI) and PACCAR Inc (PCAR) in the engine business as well. The company is an attractive takeover target as well. With all these reasons how can you not look at the company.

AECOM Technology Corporation (ACM) CEO John Dionisio joined the show an talked about how the bridge collapse in Minneapolis was just the "tip of the iceberg" and there are 500 other bridges in the U.S. that are in the same shape. This was called one of the key plays in the infrastructure bull market by Jim. He thinks that they stand to gain from the country's need for maintain these structures. Dionisio told us that they are an environmentally friendly company. Jim called the CEO "money in the bank" and it is an "easy infrastructure play." Right now on a multiple basis the stock might be a bit expensive but if the price comes in pull the trigger.

The weak U.S. dollar is causing Best Buy Co., Inc. (BBY) to take advantage and expand internationally. Circuit City Stores, Inc. (CC) is making excused for poor performance and blaming consumers for not spending enough, but BBY is leaving competition in the dust seeking out the likes of countries like Canada and China. Everyone is concerned about the U.S. dollar except BBY. Five years ago operating profits for them in Canada were around .5% of sales, now they are reaching 4%. Recently they bought a chain of electronic stores in China called Five Star. Sales are about 80% domestic and 20% international right now, but by 2010 they want a 50/50 split. They are looking to Turkey and Mexico in the future. A speculative international angle comes in with 3% ownership of Carphone Warehouse which is the largest cell phone retailer in Europe. This is first and foremost an American retailer and it needed the rate cut last week. A big buyback was just initiated also which is good reason to buy. Instead of companies that fail and make excuses you can go with a high growth stock that makes no excuses like BBY.

American's are strapped for cash and that means no expensive vacations. Europeans are not having these troubles and Carnival Corporation (CCL) was cited as a winner by Jim today. 34% of sales come from outside North America and Europe is growing. 24% of the world's cruise passengers come from Europe also and that number goes up 10% a year. By 2010 CCL is hoping to up its European fleet from 30% to 40% and Royal Caribbean Cruises Ltd. (RCL) only has 10% of its fleet in Europe. Jim wouldn't recommend the stock solely on this trend but the fundamentals are good as well. Advance bookings for the fourth quarter of 2007 and the first half of 2008 are ahead of last years numbers as well. Look at CCL.