Cramer's 'Mad Money' Recap: Love Qwest for Growth

Am I Diversified?

Every Thursday Cramer plays "Am I Diversified," when he judges the portfolios of viewers on diversification and the quality of the stocks.

The first caller owned Corning(GLW Quote), FPL Group(FPL Quote), Exxon Mobil(XOM Quote), Bank of America(BAC Quote) and Burlington Northern Santa Fe(BNI Quote).

Cramer said that this portfolio was diversified and liked that it included what he called the No. 1 bank in the U.S. with a 4% yield and one of his absolutely favorite utilities.

But he said that Burlington Northern is not best of breed and that he would swap out of Exxon and buy ConocoPhillips(COP Quote).

The second portfolio included Barrick Gold(ABX Quote), Advanced Micro Devices, Genentech(DNA Quote), Motorola(MOT Quote) and Pacific Ethanol(PEIX Quote).

Cramer congratulated her on owning Advanced Micro, but he said that Motorola is too similar and that he would sell the cell-phone maker. He also said that Pacific Ethanol is too speculative and that he would ring the register on that stock too.

The final caller owned Wells Fargo(WFC Quote), Transmeridian Exploration(TMY Quote), MGP Ingredients(MGPI Quote), Hi-Shear Technology(HSR Quote) and Informatica(INFA Quote).

Cramer said that she was diversified, but a little speculative, with both an ethanol play with MGP Ingredients and a Russian play with Transmeridian. He also said Informatica is a lower-quality tech stock, and that she could find something better.