Are You Diversified?
Published: Wednesday, 1 Aug 2007 | 8:42 PM ET
Joel’s got two tech stocks in MEMC and Corning. Cramer would ring the register on MEMC and buy a defense stock.
“You are totally diversified. Nice work!”
Pfizer is Cramer’s least favorite drug stock, but more importantly, eBay and Microsoft are two-of-a-kind in tech. Cramer would sell the EBAY and buy a defense stock. “That would balance you well and then you’d be well on the way to the house of pleasure.”
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There's only one way to weather this kind of volatile market: diversification. And Cramerica is the only place you'll find "Am I Diversified.” Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.