Cramer's 'Mad Money' Recap: Haves and Have-Nots
When asked about home prices, Smith confirmed that prices are indeed on the rise, and are rising rapidly in some markets. But even with the rebound, prices still lag their historical highs, meaning the recovery is still in its early stages.
Cramer said he's been a believer in Realogy since its IPO and he's still a believer today.
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: Facebook (FB), Waste Management (WM), Pinnacle Foods (PF), Chicago Bridge & Iron (CBI) and Occidental Petroleum (OXY). Cramer said that this portfolio can't own Chicago and Occidental and he suggested selling Chicago and adding some Merck (MRK). The second portfolio's top holdings included: UnitedHealth Group (UNH), Conoco Phillips (COP), Boeing (BA), Netflix (NFLX) and Mellanox Pharmaceuticals (MLNX). Cramer blessed this portfolio as diversified. The third portfolio had: Dunkin Brands (DNKN), Bemis (BMS), Kansas City Southern (KSU), TransCanada (TRP) and Flowers Foods (FLO) as its top five stocks. Cramer said this portfolio was also terrifically diversified.
No Huddle OffenseIn his "No Huddle Offense" segment, Cramer sounded off against the analysts who just can't help themselves from beating up on companies about metrics that don't matter. He said these analysts continue to make noise and only detract from the great stories that management is trying to tell. Some recent examples include Johnson & Johnson (JNJ), along with Yahoo! (YHOO) and Intel (INTC). While all three of these companies delivered strong quarters, all the analysts could focus on were things like "user engagement" at Yahoo! and "capital spending" at Intel. Cramer said in the case of J&J, the company was able to defend itself against these attacks, but Yahoo! and Intel saw their stocks falter because of them, at least for the time being. To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. -- 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
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