Cramer's 'Mad Money' Recap: New Spartan Logic

Am I Diversified?

During the show's "Am I Diversified" segment, in which viewers seek Cramer's blessing for their stock portfolios, the first caller offered the following five stocks:

• JPMorgan Chase (JPM Quote),
• Rite Aid (RAD Quote),
• Marvell Technology (MRVL Quote),
• NYSE Euronext (NYX Quote) and
• Goldman Sachs (GS Quote), the last three of which Cramer owns for his Action Alerts PLUS charitable trust.

Because JPMorgan and Goldman Sachs represent a pair, Cramer recommended discarding JP Morgan and getting into a health care stock like Abbott Labs (ABT Quote) instead.

Cramer's next caller asked if she was diversified with the following five stocks:

• Apple (AAPL Quote),
• Yamana Gold (AUY Quote),
• GlobalSantaFe (GSF Quote),
• AT&T (T Quote) and
• Sears (SHLD Quote), a name Cramer owns for his charitable trust.

Cramer called it a "dynamite portfolio" and blessed it as diversified.

His third caller said she owned the following five stocks in her portfolio:

• American Eagle (AEO Quote),
• Boeing (BA Quote),
• Exxon Mobil (XOM Quote),
• MasterCard (MA Quote) and
• McDonald's (MCD Quote).

Cramer blessed this list as well, calling it a "fantastic portfolio."

His last caller asked if he was diversified with these five stocks:

• Bank of America (BAC Quote),
• Costco (COST Quote),
• Chevron (CVX Quote)
• Immucor (BLUD Quote) and
• Altria (MO Quote), another stock Cramer owns for his charitable trust.

Cramer described the final caller's portfolio in one word: "fabulous."