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Editor's note: The following are questions received from listeners of "RealMoney Radio." To send Cramer a question about topics from his radio show, click here. Listen to Cramer's latest radio show by clicking here.

What is your take on Lucent (LU) - Get Free Report?-- Bill from New Jersey

James J. Cramer

: This stock has been in the doghouse for so long, but I think the time is right to own Lucent.

With Pat Russo as CEO, Lucent has cut its operating expenses, streamlined its operations, improved its wireless business and lessened its exposure to the sluggish wireline business.

I expect a good earnings report later this month and own shares for my charitable trust,


I own Chesapeake Energy (CHK) - Get Free Report, Microsoft (MSFT) - Get Free Report, E*Trade (ET) - Get Free Report, General Electric (GE) - Get Free Report and Cabela's (CAB) . Am I diversified?-- Harriet from Ohio

James J. Cramer

: I am declaring you diversified. You have one of the best natural gas holdings, a tech stock, an online brokerage firm, a multi-industry play and a retailer. (Note: Cramer owns Microsoft and Cabela's for his ActionAlertsPLUS charitable trust.