Cramer's 'Mad Money' Recap: Valuing Co.'s vs. CEOs (Final)
Cramer said this portfolio was properly diversified.
Cramer once again identified too much oil in this portfolio and again advised adding some Verizon (VZ) to replace El Paso.
No Huddle OffenseIn his "No Huddle Offense" segment, Cramer told viewers to cut IBM (IBM) (a stock which he owns for his charitable trust Action Alerts PLUS) and Intel (INTC) some slack. He said both companies deserve the benefit of the doubt.
Cramer acknowledged that IBM missed revenue targets, but noted that the company still made its earnings number and is still not an expensive stock. He said the stock will rest for a little before resuming higher.
Intel is a little more complicated, said Cramer. A disk drive shortage hampered PC sales last quarter, but Microsoft's (MSFT) new Windows 8 will drive a lot of sales in 2012. Intel is also opening new plants that will pressure gross margins, but that too will be overcome soon.