Alexion Pharmaceuticals ( ALXN): "It's really speculative and it's up a huge amount. I like it but it can come down in this environment."

Barclays ( BCS): "I need best of breed and Barclays isn't it. I prefer domestic banks. "

Sarepta Therapeutics ( SRPT): "This is a speculative situation. I believe the company will partner with a bigger one. I like it in the $20's"

Calumet Specialty Products ( CLMT): "I'm sending you to Linn Energy ( LINE), which is better and more reliable."

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: SPDR Gold Shares ( GLD), Monro Muffler ( MNRO), Dunkin Brands ( DNKN), Caterpillar ( CAT) and Toll Brothers ( TOL).

Cramer said this portfolio was "picture perfect."

The second portfolio's top holdings included: Americna Movil ( AMX), Heckmann ( HEK), Eli Lilly ( LLY), Hewlett-Packard ( HPQ) and Visa ( V).

Cramer said while he's not a fan of HP, this portfolio is diversified.

The third portfolio had: Eaton ( ETN), Verizon ( VZ), McDonald's ( MCD), State Street ( STT) and John Deere ( DE) as its top five stocks.

Cramer said he liked this portfolio as well.

No Huddle Offense

In the "No Huddle Offense" segment, Cramer weighed in on the seasonal rally in tech stocks, the one that investors could always count on until now.

There still is a holiday buying season, and companies still have tech budgets they need to spend, he said, but unlike years past there are a few new factors to take into account.

First, there's a global slowdown in consumer spending. Second, when it comes to consumer tech, Apple's gain appears to be everyone else's loss. Third, enterprises are buying less and less tech as they move more and more of their IT into the cloud. Finally, there's a slowdown in telecommunications spending.

Add up all these new elements and this year's seasonal rally in tech may not come at all.

-- 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 AAPL, CVX, ETN and HD.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for, Inc., and CNBC, and a director and co-founder of All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of 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, 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 is related to the specific opinions expressed by him on "Mad Money."

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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 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, 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.

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