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Are You Diversified?

Dana’s got a pair here with BP and Nabors. They will trade together whether we like it or not, Cramer says. He would get out of NBR and pick up a healthcare stock.

This is a tough one, Cramer says. There’s some good companies here, but Palladium and Ionatron are both speculative picks. Two specs does not a diversified portfolio make! Cramer would toss one of them and get a financial stock like Bank of America or Citigroup .

Best in show across the board! That’s diversification!

Questions? Comments? madmoney@cnbc.com

Cramer's New Book