Riverbed Technology ( RVBD): "Everybody wants to be in it but its a telco equipment stock and I am not going to touch telco equipment."

Altria ( MO). While not politically correct, he said MO this is "a good yield play if you want some income."

Saving Companies Money

In the second "Executive Decision" segment, Cramer spoke with Bryan Martin, chairman and CEO of 8X8 ( EGHT), to learn more about the company Cramer said on a past show is highly speculative, one, because it's so small, and it can only be risky if you chase it.

8x8 saves small businesses money by bundling communications through a cloud based service. Martin said the technology company started in the home phone market and expanded into the business market, which has been extremely profitable and fast-growing.

Martin said the average new customer last year bought 14 new phone lines from him, so it's a tiny end of the small business market. Most of these companies still have AT&T ( T) or Verizon ( VZ) as their long distance provider.

Windstream ( WIN) is a competitor, Cramer noted.

Martin said his company brings in a turn-key solution: the phones, the service. "We become your monthly long-distance provider and we have other features, too," he added. The capabilities are up even though the price goes down.

8x8 has grown to 30,000 customers in the last four years with a compound annual rate of 21%. Martin said his company was issued its 83rd patent Thursday. The communications industry, especially in voice, is a patent minefield. Martin said his company has its own mini portfolio of patents.

Cramer noted that the small business market is not growing in the country.

Martin said that even though the access line market is declining, the penetration of 8x8's technology is already at 8.2%. "We think the business market is going to go the same path as the home market which is at 30%," he said.

It's always a compelling story, Cramer said. "I always like to admit when I've been too quick to say be careful," he said, but the stock is "still speculative because of the size."

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: Lululemon ( LULU), Apple ( AAPL), Cornerstone OnDemand ( CSOD), SunTrust Banks ( STI) and eBay ( EBAY).

Cramer said sell Cornerstone and own Bristol-Myers ( BMY). "So they'll have a power company, an Internet company that does banking, a bank, and they would have tech," he said.

The second portfolio included: Intel ( INTC), Google ( GOOG), Chipotle ( CMG), GT Advanced Technologies ( GTAT) and Gilead Sciences ( GILD).

This is not a diversified portfolio, Cramer said. It has too much high risk in terms of stocks. "You have an internet company, you've got a tech company, you've got a similar tech company," he said. "Keep Intel. You've got a biotech company and you have a food company. I need to see some diversified industrials. Please cut the risk profile."

The third portfolio included Apple ( APPL), Intuitive Surgical ( ISRG), PespiCo ( PEP), Johnson & Johnson ( JNJ) and Walt Disney ( DIS).

"I'm not going to say it's not diversified," Cramer said..

--By Anthony Buccino for TheStreet.com

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.
At the time of publication, Cramer's Action Alerts PLUS had a position in AAPL, BMY, DIS, EBAY, STI and VALE.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC Universal or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.

If you liked this article you might like

Trian Said to be Close to Acquiring Seat on GE's Board

GE Is 'One of the Toughest Stocks I've Ever Had to Deal With,' Jim Cramer Says

General Electric's New CEO Has One Easy Choice

Here Are Monday's Hottest Stocks as the Dow Reaches New Records

You Are Forgetting This Commonsense Investing Wisdom