Walt Disney ( DIS): "With gasoline going down, Disney remains a buy. "

Stillwater Mining ( SWC): "No. I like the SPDR Gold Shares ( GLD)."

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: Altria ( MO), Pepsico ( PEP), Procter & Gamble ( PG), ConocoPhillips ( COP) and New York Community Bank ( NYB).

Cramer identified two consumer goods companies in Pepsico and P&G. He suggested selling P&G and adding a health-care stock such as Celgene ( CELG).

The second portfolio's top holdings included: AFC Enterprises ( AFCE), American International Group ( AIG), Dynavax ( DVAX), Facebook ( FB) and Michael Kors ( KORS).

Cramer said this portfolio was properly diversified.

The third portfolio had: Target ( TGT), Sirius XM Radio ( SIRI), Clorox ( CLX), Walt Disney ( DIS) and Johnson & Johnson ( JNJ) as its top five stocks.

Cramer said that Clorox was too much like Johnson & Johnson and he advised getting rid of Clorox in favor of an industrial like General Electric ( GE) or 3M ( MMM).

The fourth portfolio's top stocks were: EMC ( EMC), Procter & Gamble ( PG), Bristol-Myers Squibb ( BMY), ConAgra ( CAG) and Vodaphone ( VOD).

Cramer said this portfolio was also terrifically diversified.

No Huddle Offense

In his "No Huddle Offense" segment, Cramer said he doesn't care what Hewlett-Packard ( HPQ) CEO Meg Whitman has to say at the company's analyst day. The company is no longer relevant and it is a value trap for investors.

Cramer said the only move that would make sense would be for HP to merge with Dell ( DELL) and take the excess capacity out of the PC market.

But with that scenario very unlikely to happen, the best one could hope would be a spin-off of HP's PC business, as IBM ( IBM) did years ago after it realized it was offering no added value to consumers.

Cramer said the problem with this scenario is HP wouldn't be left with a lot, only printers and consulting, and in the latter it pales by comparison to the likes of SAP ( SAP) or Acenture ( ACN).

Without a tablet of a smartphone in its ecosystem, HP will slowly be pushed out of the enterprise, said Cramer. That notion may sound farfetched today, he concluded, but the funny thing about younger people is they get older and eventually replace those of the previous generation.

--Written by Scott Rutt in Washington, D.C.

To email Scott about this article, click here: Scott Rutt

Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC

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 AIG, BMY and EMC.

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

Sarepta Therapeutics Chart Patterns Look Good

Verastem Shares Are Exploding 50% -- Here's Why

Watch the Key Technical Levels

Net Seller, but Itching to Put More Cash to Work