'RealMoney' Radio Wrap-Up: Bears Can't Win

A caller asked for Cramer's opinion on Charter Communications(CHTR Quote), a stock that has haunted Cramer -- he calls it perhaps his worst trade in five years.

Blood pressure rising, Cramer told his listeners how he was originally introduced to Charter by billionaire investor Mark Cuban. Following Cuban's introduction, he met with the now-departed CEO over a plan to cut debt and selling stock to raise cash.

But they didn't listen at Charter, Cramer said, adding that they chose instead to go to hedge funds that were shorting the stock.

The end result was a big loss for Cramer, and it still makes him upset to this day. "The anger brews," he said.

Am I Diversified?

Listeners must really be paying attention lately because they have been showing up with portfolios that Cramer doesn't need to tinker with at all. In the Am I Diversified? game, Cramer's listeners give him five stocks and he tells them whether they need to make any changes.

Cramer could do nothing but applaud when his first caller listed Lennar(LEN Quote), UnitedHealth(UNH Quote), Citigroup(C Quote), Altria(MO Quote) and ConocoPhillips(COP Quote), which he called "the best of integrated oils."

When pressed, Cramer said the only slight change he would make would be to sell a little Citi to buy more Lennar, which he said trades at 7.5 times forward earnings.

The next player fared equally well, offering up UnitedHealth, Procter & Gamble (PG Quote) -- a stock that's up more than $1.50 since Cramer's recommendation on Live With Regis & Kelly Tuesday -- General Electric (GE Quote) (remember that GE employs Cramer through its CNBC unit), LSI Logic (LSI Quote) and Valero(VLO Quote), which has been a favorite of the show for some time.

A third caller submitted another winning mix with Sears(SHLD Quote), Chesapeake Energy(CHK Quote), Marvell Technology(MRVL Quote), Whole Foods Market(WFMI Quote) and Johnson & Johnson(JNJ Quote).

And while it may seem like Cramer would have nixed this due to the appearance of two retailers, he surprised even himself when he blessed this portfolio.

Why?

Because he sees Sears as a real estate play and not just a retailer. And he views Whole Foods as "a health care company that's in the food business."

"People feel Whole Foods has the good housekeeping seal of approval," said Cramer. "It's a litmus test for what is natural and good."