This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Cramer's 'Mad Money' Recap: No Day of Reckoning

ArcelorMittal (MT): "I don't like the steel stocks. I just don't like that group, it's just too hard."

Delta Air Lines (DAL): "Oil goes down for three days and the airlines rally. And what do we do when the airlines rally? Sell, sell, sell."

Vivus (VVUS): "There's too much competition in this group. I say take profits and ring the register."

Peabody Energy (BTU): "It was a mistake to get bullish on coal. I say any strength in this one is a reason to get out."

Pfizer (PFE): "I think it's a buy. I think it can go up over time. I also like a lot of big pharma, along with Celgene (CELG) and Gilead Sciences (GILD)."

Opko Health (OPK): "This company has not been a good performer. I want to talk to their CEO before I hit the buy button. There's too much heat surrounding this stock."

Am I Diversified?

In the "Am I Diversified?" segment, Cramer spoke with callers and responded to tweets sent via Twitter to @JimCramer to see if investors' portfolios have what it takes for today's markets.

The first portfolio included: Apple (AAPL), Amazon.com (AMZN), American International Group (AIG), Nike (NKE) and JPMorgan Chase (JPM).

Cramer said this portfolio cannot have both AIG and JPMorgan and he would sell JPMorgan and pick up a drug stock like Pfizer.

The second portfolio's top holdings included: Apple, Bristol-Myers Squibb (BMY), SPDR Gold Shares (GLD), AIG and Wells Fargo (WFC).

Cramer once again, this portfolio cannot have two financials. He advised selling Wells Fargo and adding a housing play like Weyerhaeuser (WY).

The third portfolio had: McDonald's (MCD), BP (BP), Wal-Mart (WMT), Oracle (ORCL) and Johnson Controls (JCI) as its top five stocks.

Cramer said this portfolio was properly diversified and is exactly what he wants to see.

No Huddle Offense

In his "No Huddle Offense" segment, Cramer said that maybe it's time to take a second look at the Chinese economy.

Cramer said he was struck by last week's interview with Joy Global (JOY), who noted that China's demand for electricity is beginning to stabilize. This news correlates with a recent rise in the Baltic freight index, a measure of Chinese exports and a rebound in the price of copper and iron ore.

3 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David 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
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,082.52 +52.31 0.29%
S&P 500 2,091.43 +9.55 0.46%
NASDAQ 4,813.4860 +40.0140 0.84%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs