Cramer's 'Mad Money' Recap: Picking the Right Stocks
The third portfolio had: Public Storage (PSA), Monsanto (MON), Wal-Mart (WMT), Verizon (VZ) and Bank of America (BAC) as its top five stocks.
Cramer said "bingo," as this portfolio was also diversified.
No Huddle Offense
In his "No Huddle Offense" segment, Cramer once again pleaded the case for energy self-sufficiency in North America. He said if Washington would only mention that it supports the use of natural gas as a surface fuel and perhaps prompt the U.S. Postal Service to begin using natural gas for its fleet, that would be all it takes for the dream to become a reality.
How can companies like Chesapeake Energy (CHK) announce Wednesday that it's selling $6.9 billion worth of assets and still increase its production? Because there's simply so much oil and gas right here in America.
With violence once again erupting in the Middle East, it's imperative the U.S. get serious about energy independence, said Cramer, and natural gas would make that happen -- not to mention that it's cleaner and cheaper than diesel fuel.Stop Trading Apple
In his closing comment, Cramer once again told investors to stop trying to trade Apple and simply invest in it for the long term. --Written by Scott Rutt in Washington, D.C. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV