LMFAO’s Redfoo Tops Music and Stocks Charts

LMFAO is topping the music charts with its single, “Party Rock Anthem.” But did you know that Redfoo, half of the musical act, is also topping the stock charts?

Redfoo was once a day trader. While he now spends his days wrapped up in the music business, he is still a dedicated investor.

And since Cramer’s fave song is “Party Rock Anthem,” it only made sense for Redfoo to join Cramer Friday to play a little “Am I Diversified?”

Redfoo’s interest in trading began when he was young, thanks to his father, Motown legend Barry Gordon.

“My father was really into it,” he said. “We would wake up in the morning and look at the markets.”

On Friday, he presented Cramer with his tech portfolio. And the one name in the center of it is Apple .

“Any products associated with a Apple are going to win,” he said. “The people who make the Apple products are going to win.”

That’s why in addition to owning AAPL, he owns STMicroelectronics, Marvel Technology and Broadcom. He also owns Google , because he sees it as the main competitor to Apple in the mobile space.

Thanks to the recent market movements, he has also decided to start playing it a little safer. On Friday he added AT&T to his portfolio because of its dividend. Now that he has been making money, he said, he doesn’t want to be as risky.

Cramer called the tech portion of Redfoo’s portfolio “fantastic,” and agreed having a more conservative dividend stock in the mix was important now that Redfoo is making money.

“You are an inspiration,” Cramer said. “I always feel that young people don’t realize that this is when they can take risk.”

Call Cramer: 1-800-743-CNBC

When this story was published, Cramer's charitable trust owned Apple.

Questions for Cramer? madmoney@cnbc.com

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

Contact Mad Money

  • Showtimes

    Monday - Friday 6p ET
    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

    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