| |
[Beginning of
Cramer's
verbatim
comments for
this segment...]
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...
See callers'
portfolios below...
Jim:
When I tell
you to own a
stock, it
doesn't mean
that I want
you to put
all your
eggs in one
basket. That
would be
stupid,
right? Uh
uh... I
won't have
any of that
on this
show,
because
diversification
is the only
free
lunch...
That's why
we're
playing, "Am
I
Diversified?"...
You call me,
you give me
your top
five
holdings,
and I tell
you whether
your
portfolio
has enough
protection
from each
other...
whether you
have enough
sectors...
whether you
need to mix
things up...
Let's start
with Bradley
in Texas...
Bradley...
(see
caller's
portfolios -
and Jim's
critiques -
below)
▼ ▼
▼ ▼
▼
This caller had
the following
portfolio of
five stocks, on
which Jim
commented,
with his opinion
shown below them...
|
Jim's
rating on
this stock |
STOCK
SYMBOL |
Closing
price that
day |
Full Company Name |
|
 |
YHOO |
15.71 |
Yahoo! (YHOO)
|
|
|
WMT* |
48.55 |
Wal-Mart (WMT*)
|
|
|
AOB |
5.10 |
American Oriental
Bioengineering (AOB)
|
|
|
C |
3.17 |
Citigroup (C)
|
|
|
ORCL |
21.51 |
Oracle Corp. (ORCL)
|
Caller:
I want to know if I
am diversified...
Stocks are:
Yahoo! (YHOO), Wal-Mart (WMT*),
American Oriental
Bioengineering (AOB),
Citigroup (C),
ORCL?...
Jim:
Let's take a look
here... It's not
easy. You'll see why
in a second. Okay,
this is a biotech
company (i.e., AOB)
out of China... I
really don't like
that company, but
it's a biotech
company out of
China... We have
Citi... Wal-mart...
Everyone tells me
that Wal-Mart's
quarter is not that
good. I look at it
and I say, come
on... the stock's a
buck in front of its
52-week low... just
go buy some. And
then this... okay,
here's the
problem... Yahoo and
Oracle... Do I say
they're two tech
stocks and forget
about it, or do I
say one's an online
play, and one is a
software play?... In
this market, these
are trading
together, so I am
going to have to
buzz this portfolio
and say that you
should...
literally... I think
that Yahoo is having
a great quarter... I
think you should
keep Yahoo, okay...
and take the profits
in Oracle... okay,
which I'm sure you
do because the
stock's up a lot...
|
Verdict:
NO,
Caller's portfolio
IS NOT diversified. |
▼ ▼
▼ ▼
▼
This caller had
the following
portfolio of
five stocks, on
which Jim
commented,
with his opinion
shown below them...
|
Jim's
rating on
this stock |
STOCK
SYMBOL |
Closing
price that
day |
Full Company Name |
|
|
JPM* |
36.26 |
JPMorgan (JPM*)
|
|
|
CELG |
46.32 |
Celgene Corporation (CELG)
|
|
|
COP |
41.64 |
ConocoPhillips (COP)
|
|
|
QCOM* |
46.06 |
QualComm Inc. (QCOM*)
|
|
|
BMY* |
19.86 |
Bristol-Myers Squibb Co.
(BMY*)
|
Caller:
I want to know if I
am diversified...
Stocks are:
JPMorgan (JPM*),
Celgene Corporation (CELG),
ConocoPhillips (COP),
QualComm Inc. (QCOM*),
and
Bristol-Myers Squibb Co.
(BMY*)?...
Jim:
Alright, let's look
at these. This is
very important...
See, he did the
caveat... he likes
dividends... that's
all right... but he
doesn't really have
that much dividend
in here...
J.P. Morgan reports
tomorrow... You know
I think the world of
Jamie Dimond... I
don't know what he
thinks of me, nor do
I care... but I do
think that he is
great and I think
his bank is great,
okay... and I own it
for
ActionAlertsPlus.com, my
charitable trust...
and you know what?
I'm on the side of
him versus the
government. He
worked really hard.
He's being lumped in
with a lot of bad
banks. Conoco
Philips... yes, I
lightened up on
this. Why? They have
too much natural gas
exposure. I decided
to go into
Chevron Corp. (CVX*),
which I regard
better, but this is
an oil play...
Qualcomm... I own it
huge... my biggest
position for
ActionAlertsPlus.com...
Why? Why does
my charitable trust
like QualComm?
Because it's the
ultimate mobile
internet play.
Bristol Myers... I
own that one too,
because of the
yield... just like
him. And Celgene...
I shouldn't have
kicked out Celgene,
but I had too much
biotech and too much
drug... and that we
know absolutely is
doing... it's a
great, great biotech
company. We were
worried about
European
reimbursements.
So we have tech,
bank, oil... and
then we have... do
we regard biotech as
drug? They are not
trading together.
I'm going to bless
that as diversified.
|
Verdict:
YES,
Caller's portfolio
IS diversified. |
▼ ▼
▼ ▼
▼
This caller had
the following
portfolio of
five stocks, on
which Jim
commented,
with his opinion
shown below them...
|
Jim's
rating on
this stock |
STOCK
SYMBOL |
Closing
price that
day |
Full Company Name |
|
|
NOK |
15.68 |
Nokia (NOK)
|
|
|
OGXI |
21.71 |
OncoGenex Pharmaceuticals
(OGXI)
|
|
|
FIX |
10.78 |
Comfort Systems USA Inc.
(FIX)
|
|
|
WFC* |
25.30 |
Wells Fargo (WFC*)
|
|
|
DLM |
9.56 |
Del Monte Foods Co. (DLM)
|
Caller:
I want to know if I
am diversified...
Stocks are:
Nokia (NOK),
OncoGenex
Pharmaceuticals
(OGXI),
Comfort Systems
USA Inc. (FIX),
Wells Fargo (WFC*),
and
Del Monte Foods
Co. (DLM)?...
Jim:
Wow, this is a
really
interesting... I've
got to tell you
something... this is
a really... I've got
to tell you... I am
an absolute lunatic,
and I get turned on
by portfolios. I am
turned on by what
Pete has put
together... because
this is just a
portfolio that
doesn't come to
mind... I just kind
of like it.
You've got an
interesting biotech
name. I really like
that. Del Monte...
My friend, Dave
Pelletier, who
writes the "Stocks
Under $10"
newsletter at
TheStreet.com,
where I'm chairman,
thinks that Del
Monte is good,
okay... I'm not
going to go against
him... Nokia, I
happen to think is
going to have a very
strong 2nd half...
Comfort Systems was
a company that I
recommended,
unfortunately, much
higher. HVAC
(heating,
ventilation and
air-conditioning)
company... Wells is
a bank that I like.
I always want to
welcome anyone from
Wells who wants to
come on this show,
including their East
Field Realty people.
I think it's a great
thing.
A bank, HVAC, tech,
food, biotech...
perfect
diversification! And
a kind of neat
portfolio, if I do
say so myself...
|
Verdict:
YES,
Caller's portfolio
IS diversified. |
[verbatim recap]
[end of segment]
Read Jim's next Segment
here
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