'Mad Money' Mailbag: Biggest Isn't Always Best
Editor's Note: The following are questions received from viewers of "Mad Money," seen every day at 6 p.m. EDT on CNBC.
I own Computer Associates (CA) - Get Report, EchoStar (DISH) - Get Report, Kforce (KFRC) - Get Report and Wal-Mart (WMT) - Get Report. Am I diversified?-- Chuck from Washington
James J. Cramer:
I can say that you are diversified. That said, retail is one sector where being the largest doesn't always mean that you are the best company. Instead, there are many other rapidly growing specialty chains -- like
Urban Outfitters
(URBN) - Get Report
and
Whole Foods
(WFMI)
-- that I'd rather own at this time.
What is your opinion of Fortune Brands (FO) and American Express (AXP) - Get Report?-- Brian from Chicago
James J. Cramer:
Even though American Express is trading at its highest level since February and Fortune is just a couple of points off its all-time high, I believe that both of these stocks are attractive investments. Both companies are well-diversified across different businesses, and should continue to post consistent earnings growth in varying economic conditions.
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