GO
Loading...

Am I Diversified?

Dan from Illinois asks: Am I Diversified? My top 5 stocks are:

Apple, Goldman Sachs, Petrobras , Visa, and Valero.

Cramer answers: You should be down to a quarter position in Apple. Goldman Sachs is beating me up, but you gotta hold it. Petrobras is going to be the world's largest oil company, but Valero is also an energy company, and Visa is a financial stock. Not diversified! Sell Visa and buy a drug company, exit Valero for Heinz in a food play.

--------------------------------------------------------------

Joseph from El Paso asks: Am I Diversified? My top 5 stocks are:

Deere, El Paso, Quanta Services, Yamana, and Freeport-McMoRan.

Cramer answers: Yamana is my favorite gold play. Wind is big, and Quanta is the biggest installer of wind turbines. But with Freeport and Yamana, there's too much gold. Not Diversified! Pick one and stick with it.

You've got to diversify to not lose as much as the other guy.

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

Contact Mad Money

  • Showtimes

    U.S.
    Monday - Friday 6p ET
    Australia
    Saturday 8a, 1p, 7p SYD
    Sunday 12a, 1a, 8a, 7p SYD
    New Zealand
    Saturday 10a, 3p, 9p NZ
    Sunday 2a, 3a, 10a, 9p NZ
  • Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.

Mad Money Moments

Cramer's New Book