Cramer spoke with callers to see if their portfolios were properly diversified among a number of sectors.  The first caller’s portfolio included the following stocks: Citigroup Inc. (NYSE:C), Marvell Technology Group Ltd. (NASDAQ:MRVL), Starbucks Corporation (NASDAQ:SBUX), Apple (APPL) and BP plc (ADR)(NYSE:BP). Cramer said Marvell and Apple are both tech firms and he’d keep Apple and sell Marvell. He also advised selling BP, which he feels will be going bankrupt.

The second caller’s top stocks included these names: Amgen, Inc. (NASDAQ:AMGN), Bank of America Corporation (NYSE:BAC), Caterpillar Inc. (NYSE:CAT), Chesapeake Energy Corporation (NYSE:CHK) and Peabody Energy Corporation (NYSE:BTU). Cramer said this portfolio was diversified since natural gas and coal companies are not the same.

The third caller held long positions in these stocks: Intel Corporation (NASDAQ:INTC), Home Depot, Inc. (NYSE:HD), Windstream Corporation (NYSE:WIN), Linn Energy, LLC (NASDAQ:LINE) and Kinder Morgan Energy Partners LP (NYSE:KMP). Cramer said Kinder Morgan and Linn Energy are two of a kind and one has to be sold to achieve diversification. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!