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Cramer: Buy This, Not That 

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Cramer: Buy This, Not That

Sage investors know the importance of a diversified portfolio. By selecting stocks across a variety of industries, investors minimize potential losses should a certain sector fall onto hard times. Just as important, though, is picking the right stock and that’s where Jim Cramer comes in.

Asked by “Mad Money” viewers to comment on the following stocks, Cramer said there may be better opportunities elsewhere. In other words, he recommends investors “Buy This, Not That.”

Click ahead for Cramer’s preferred trades.

Posted 7 July 2011