The first portfolio included:
Nordic American Tanker
Cramer said this portfolio was "perfection" when it comes to diversification.
The second portfolio's top holdings included:
Smith & Wesson
Cramer advised selling Dana and adding a drug company to properly diversify this portfolio.
The third portfolio had:
Chicago Bridge & Iron
as its top five stocks.
Cramer said he'd allow Westport and Penske in the same portfolio assuming Westport is considered a speculative stock.
No Huddle Offense
In his "No Huddle Offense" segment, Cramer highlighted a handful of terrific earnings reports. He said that
(DD - Get Report)
, an Action Alerts PLUS holding, was like a "C" student delivering a solid "B" on the final exam. Meanwhile, Travelers delivered a fantastic quarter that no one saw coming.
(IBM - Get Report)
, another Action Alerts PLUS name. Cramer said this company continues to make a ton of money with 90% margins in software.
, a company that blindsided investors last quarter, but redeemed itself this one with both earnings and a solid strategy for growth and profitability.
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-- Written by Scott Rutt in Washington, D.C.
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