Cramer's 'Mad Money' Recap: Hold These Horses

Am I Diversified?

During Cramer's "Am I Diversified?" segment, his first viewer called in with the following five stocks: Jones Soda (JSDA Quote), Syntax-Brillian (BRLC Quote), Freeport-McMoran (FCX Quote), Compuware (CPWR Quote) and AU Optronics (AUO Quote).

Cramer pointed out a three-way pair with AU Optronics, Compuware and Syntax-Brillian. He advised keeping Freeport-McMoran and Jones Soda, throwing back the rest and getting some defense, finance and health action.

A second caller asked Cramer if he was diversified with these five stocks: UnionBanCal (UB Quote), ConocoPhillips (COP Quote), Pinnacle West (PNW Quote), Piedmont Natural Gas (PNY Quote) and TXU (TXU Quote).

Cramer said the portfolio was "way too undiversified," and suggested ringing the register on TXU, Piedmont and Pinnacle West. Further, he advised the viewer to pick up a health care play, defense stock and "plain vanilla" manufacturer.

Cramer's last caller named the following five plays: Kraft (KFT Quote), FedEx (FDX Quote), BP (BP Quote), Interactive Intelligence (ININ Quote) and Altria (MO Quote), which Cramer owns for his charitable trust, Action Alerts PLUS.