NEW YORK ( TheStreet) -- Investors who shy away from stocks are "just plain wrong," Jim Cramer told his "Mad Money" TV show viewers Wednesday. Responding to a CNBC investor survey that ranked stocks as only the third best place to put their money, behind gold and real estate, Cramer said that it's ironic that so many people hate stocks despite the markets putting in the best quarter they've seen since 1998. Cramer said he understands that investors may feel ripped off by the markets, but to stay away in droves is simply not a winning strategy. He said that the markets are giving investors multiple ways to win, including some that are making the true stock believers a ton of money. The first way to win in today's markets is to buy what you love, said Cramer. The CNBC survey noted that nearly 53% of investors have at least one Apple ( AAPL) product in their household, which is partly why shares of Apple are up 50% for the year and are a part of Cramer's charitable trust,
Mad TweetsIn the "Mad Tweets" segment, Cramer responded to questions sent via Twitter to @JimCramer. When asked about whether Wendy's ( WEN) would be a better buy than McDonald's ( MCD), Cramer went in-depth to explore the two options. He said that while the new burgers and fries at Wendy's may have been enough to dethrone Burger King as the No. 2 fast-food chain in the U.S., that doesn't necessarily mean it's the better stock.
Executive DecisionIn the "Executive Decision" segment, Cramer spoke with Richard Davis, chairman, president and CEO of U.S. Bancorp ( USB), an Action Alerts PLUS holding and the next company to be highlighted in Cramer's "Hiring Our Heros" series. Davis said that when it comes to hiring our veterans, U.S. Bancorp is sending recruiters to the front lines to provide on-site training and assistance to help our troops with resume and interview skills before they even head home to rejoin the workforce. He said that U.S. Bancorp is interested in all military personnel, whether they are commissioned or non-commissioned officers or enlisted personnel. Among the three, however, Davis noted that non-commissioned officers have proven to be a perfect fit for U.S. Bancorp, as they have loyalty and trust as well as the skill set to be both good leaders and good followers within the organization. He said that all of our military deserves trust and respect; Davis was confident that they will be ready for the U.S. workforce when they return. When asked about the bank's performance throughout the financial crisis, Davis credited the company's 63,000 employees for doing the right thing. He said the bank didn't engage in businesses that "didn't feel right" and it remained shareholder-focused. That's why the bank today looks much as it did seven years ago before the crisis began. "We were lucky and we were smart, but also smart enough to know we were lucky," said Davis. Davis also said that there are bad actors in every industry, but now that they've been largely weeded out, it's time to let the banks do their job and help America's economy recover. He said the country is at an inflection point and it's time to "start talking optimistically" about our country's future. Cramer commended U.S. Bancorp for both its recent performance as well as its commitment to America's military personnel.
Am I Diversified?Cramer spoke with callers to see if their portfolios have what it takes for today's markets. The first caller's portfolio included Annaly Capital ( NLY), Linn Energy ( LINE), Kraft Foods ( KFT), ConocoPhillips ( COP) and Inergy ( NRGY). Cramer said that Inergy, Linn and Conoco are too similar. He recommended selling Inergy and Conoco and picking up Weyerhaeuser ( WY) and retailer Costco ( COST). The second caller's top holdings included Dunkin Brands ( DNKN), Sandridge ( SD), Netflix ( NFLX), Wendy's ( WEN) and Diamond Foods ( DMND). Cramer advised selling Wendy's and Diamond Foods and adding Abbott Labs ( ABT) and IBM ( IBM).