Am I Diversified?
Cramer spoke with callers to see if their portfolios have what it takes for today's markets. The first caller's portfolio included
Cramer said this portfolio needed surgery and advised selling Hewlett and Qualcomm and add a financial and a healthcare stock.
The second caller's top holdings included
American Capital Agency
Cramer blessed this portfolio as terrific.
The third caller had
Cramer said this portfolio was also properly diversified.
The fourth caller's top stocks were
Bank of America
Cramer said St. Joe and DR Horton were both real estate and he advised selling St. Joe and adding a diversified manufacturer.
Cramer's fifth caller's portfolio included
Cramer said this portfolio was "well played."
Cramer was bullish on
SPDR Gold Shares
Cramer was bearish on
In his "No Huddle Offense" segment, Cramer said that slow and steady will win the race when it comes to today's pair of IPOs. He said it's time to ring the register on
(DWRE - Get Report)
, an ecommerce software provider that priced at $16 a share an popped 43% in its first day of trading. Cramer said the trade has been made and it's time to sell.
But for the IPO of
(ALSN - Get Report)
, a stock that opened at $23 a share only to trade flat on the day, is a different story. Cramer said this former spin-off of
is right in the middle of the raging bull market in trucks and he would be a buyer of the stock long term.
--Written by Scott Rutt in Washington, D.C.
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