Select Comfort ( SCSS): "No, no. These mattress stocks are too hard. Don't buy is the best advice I can give you."

F5 Networks ( FFIV): "I was surprised at all the negativity. I'd rather see you in Salesforce.com ( CRM)."

Am I Diversified?

In the "Am I Diversified" segment, Cramer spoke with callers and responded to tweets sent via Twitter to @JimCramer to see if investors' portfolios have what it takes for today's markets.

The first portfolio included:

Apple, Caterpillar ( CAT), John Deere ( DE), Walt Disney ( DIS) and Monstanto ( MON).

Cramer identified two of a kind with John Deere and Monsanto. He recommended selling John Deere and adding a drug stock like Bristol-Myers Squibb ( BMY).

The second portfolio's top holdings included: AT&T ( T), Boeing ( BA), Merck ( MRK), Johnson Controls ( JCI) and Baker Hughes ( BHI).

Cramer said this portfolio was "well played" and properly diversified.

The third portfolio had: McDonald's ( MCD), Apple, Nike ( NKE), iShares Gold Trust ( IAU) and Yum Brands ( YUM) as its top five stocks.

Cramer said this portfolio shouldn't include both McDonald's and Yum Brands. He recommended selling Yum and adding a drug company with a good yield like Bristol Myers-Squibb.

The fourth portfolio's top stocks were: Walt Disney ( DIS), EMC ( EMC), Conoco-Phillips ( COP), Whole Foods Markets ( WFM) and Huntington Banshares ( HBAN).

Cramer also blessed this portfolio as properly diversified.

No Huddle Offense

In his "No Huddle Offense" segment, Cramer opined on two stocks whose share prices crossed Thursday, one on the way up and the other on a death spiral down.

Cramer said Sprint Nextel ( S) was all but forgotten by Wall Street, but this $2 stock has made a number of smart moves and has clawed its way back to over $4 a share. He said the recent moves in Sprint will force analysts to take notice, which is why he expects shares to continue their march higher.

Shares of social gaming company Zynga ( ZNGA) however, remind us of everything that's wrong with the markets, said Cramer.

This overhyped Internet stock debuted at $15 a share and has been drowning investors in a manner not seen since the first dot com bust in 2001. Cramer said it was easy to see this one coming, which is why there's absolutely no excuse for the analysts which until today rated the stock as a "buy."

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