Mad Money Mailbag: Money in the Bank
Editor's note: The following are questions received from viewers of "Mad Money," seen every day at 6 p.m. EST on CNBC.
Should I ring the register on Wells Fargo (WFC) - Get Free Report?-- Michael from Florida
Jim Cramer
: The company reported strong first quarter results this week and remains one of the premier financial brands. Early signs from this quarter seem to show that the top banks have found a way to cope with higher interest rates.
I used to own this stock in my
ActionAlerts PLUS charitable trust portfolio, and now I'm beginning to question if I sold Wells too soon.
I own Advanced Micro Devices (AMD) - Get Free Report, Peabody Energy (BTU) - Get Free Report, General Electric (GE) - Get Free Report, Fluor (FLR) - Get Free Report and Toyota (TM) - Get Free Report. Am I diversified? -- Andy from New York
Jim Cramer
: You own a share-taking chipmaker, a coal stock, a giant conglomerate (which I ultimately work for, by way of
CNBC
), a construction firm and an automaker. Yes, you are diversified!
What is your opinion of Dow Chemical (DOW) - Get Free Report?-- Janice from Michigan
Jim Cramer
: In my opinion, the stock is attractive to purchase down around its 52-week low. The company should be a beneficiary of the recent decline in natural gas prices.
Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by
.
