In the Lightning Round, Cramer was bullish on
Cramer was bearish on
Advanced Micro Devices
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:
SPDR Gold Shares
Cramer said this portfolio was perfectly diversified.
The second portfolio's top holdings included:
Cramer said this portfolio has too much energy and needs to sell Boardwalk and add a health-care name like Bristol-Myers Squibb.
The third portfolio had:
, CVS Caremark,
iShares Silver Trust
as its top five stocks.
Cramer said he was a fan of this portfolio and no changes need to be made.
No Huddle Offense
In his "No Huddle Offense" segment, Cramer answered this question: Why are investors now willing to pay 18 times earnings for
(GIS - Get Report)
, when historically they've been willing to pay just 15 times earnings.
Cramer said the multiple expansion in stocks like General Mills makes perfect sense for three reasons. First, the overall market multiple has been on the rise, so it only makes sense that General Mills' multiple would follow suit.
Second, Cramer said General Mills is a terrific dividend payer, doubling its payout in just the last year years.
Third, the tax rates on dividends that were expected to rise didn't, meaning that this bountiful yield remains far superior to that of Treasuries.
Add all these together and it's easy to see why this terrific company with great management and a solid balance sheet continues to trend higher, Cramer said.
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-- Written by Scott Rutt in Washington, D.C.
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