John’s got two energy plays with Dynegy and Exxon. The former is a consumer, but it’s still levered to the price of natural gas, Cramer said, and it will get hurt if nat gas prices go down. Because there’s too much concentration in the energy complex, Cramer won’t endorse this portfolio.
Audible is not Cramer’s cup of tea. Faro Tech also worries him. Both of these are too speculative, he said. The entertainment play in Marvel is good, and the interest rate play in Annaly is good, too, but there’s too much concentration in computer-related companies. Close, but no cigar.
A financial, an oil, a telco, a tobacco and a chemical company – especially a chemical company in the red-hot German market – is “precisely what I want to see,” Cramer said. “You’ve got the right portfolio.”