Am I Diversified?
Cramer said he's not a fan of Armour, but otherwise this portfolio is properly diversified.
Lightning RoundCramer was bullish on American Campus Communities (ACC), Halliburton (HAL), Verizon (VZ), AT&T (T), EOG Resources (EOG), Intel (INTC) and Qualcomm (QCOM). Cramer was bearish on Valero Energy (VLO) and Advanced Micro Devices (AMD).
Sucker's GameIn his "No Huddle Offense" segment, Cramer said "enough already" with the questions regarding Yahoo! (YHOO) and Research in Motion (RIMM). These companies just don't matter anymore, he said. Cramer explained that both Yahoo! and Research in Motion are no longer trading on their fundamentals, they're trading on takeover rumors. This is a sucker's game, he explained. Cramer said companies that are losing customers don't get bought and neither do those where the estimates are too high. Both of these companies, said Cramer, are losing market share and have estimates that are still far too high. When it comes to cell phones, Cramer said that Apple (AAPL), a stock which he owns for his charitable trust, Action Alerts PLUS, is the only way to go. When it comes to the Web, Cramer said it's Google (GOOG) all the way. --Written by Scott Rutt in Washington, D.C. To contact the writer of this article, click here: Scott Rutt. Follow TheStreet on Twitter and become a fan on Facebook. To submit a news tip, send an email to: firstname.lastname@example.org.
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