In this segment, Jim takes 2-4 callers and asks them to submit five stocks that make up their largest positions in their portfolio.  He then comments on whether or not they are properly diversified.

Jim:     With so much uncertainty in the market, although I sure like the last three days… this segment has taken on a heightened level of significance of late… is the only segment where viewers can call in, talk to me and come away with a good sense of their complete investment picture… not a single stock like the Lightning Round… it is also the only segment where I am seated… and it is the only segment that we call "Am I Diversified?"…

In fact, it might be the most important segment that I do… and yet you will never hear my critics talk about it…

So, for those of you unfamiliar, Jon Stewart… this is a very special segment, "Daily Show" edition of are you diversified… and I will tell you if you are ready… or whether you need help...

Caller:     I want to know if I am diversified. My stock are Caterpillar Inc. (CAT), Union Pacific Corp. (UNP), Fresh Del Monte (FDP), Coca-Cola (KO), and United States Steel Corp. (X)?...

Jim:     Alright, let’s take a hard look at this particular portfolio… because we have got the symbols… what we are going to do is broaden it from the symbols to help the viewers at home… alright, here is what we have got… we have got U.S. Steel, down on their luck, people talking about them perhaps violating their covenants, I would like to speak to John Sirna, because I don’t think that that is the case, it is going down because of the terrible steel dynamics number today, it is one of the few stocks that is down in the market… okay, this is what we got… we got a steel stock… we have Union Pacific, Cramer fave railroad, I want a little cyclicality, Union Pacific is the best one going, so we got a rail… now, look at this… we have got Caterpillar, a huge machinery company, I own that for ActionAlertsPlus.com, my charitable trust, yes I am worried about the dividend, because it is notoriously B.I.G. but it is the best machinery company in the world… and here is a little problem… we have here two food companies, yah, okay, you drink Coke, but I still regard it as a food… and Del Monte, well we know Del Monte fresh… I like Coke, I have been doing a lot of work on Coke, it has really hedged its dollar correctly, meaning that it is not going to get killed by the dollar… Del Monte Foods, I want to go… I want to pick up a healthcare company… may I suggest to you, sir, Abbott Labs is quick 12 points from its high, uhhh, 10... and that you ought to swap it out … Del, Del, Del… sell, sell, sell… Abbott, Abbott, Abbott… and Costello.


Verdict:   NO, Not Diversified.

Next portfolio analysis by Jim, below...