Editor's note: The following are questions received from viewers of "Mad Money," seen every day at 6 p.m. EST on CNBC.
James J. Cramer
: First of all, you are right, I have changed my opinion on how attractive an investment Chesapeake is. I've been publicly bullish on the stock since it was in the teens, and had no problem telling investors to take some profits off the table after the shares doubled in a matter of months. Although I'm now less bullish on the energy patch than I was earlier in the year, Chesapeake remains one of the best -- and after its latest pullback below $30 -- least expensive natural gas plays in the market.
Jim, you recently said you only hold a stock for up to 12 to 18 months. I have been holding shares of Cisco (CSCO) - Get Free Report and JDS Uniphase (JDSU) for about that long, but have yet to make any money. Would you recommend I sell these stocks now?-- Brenda from North Carolina
James J. Cramer:
Before I get into your specific situation, viewers should consider that holding information a general guideline, rather than a hard-and-fast rule. Every day I analyze the risk-reward of holding each stock in my charitable trust, looking out the next couple of weeks as well as the next several months. I suggest that viewers do the same exercise, at least weekly. As far as JDS Uniphase, I believe the shares still have considerable upside potential in the near term. On the other hand, at least for the sake of diversification, you'd probably be better off looking to re-commit the Cisco funds elsewhere.
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