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Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Tuesday March 2.

Don't Get Bored with Ford (NYSE:F), Ford-Preferred (F-PS), Apple (NASDAQ:AAPL), Honda (NYSE:HMC), Daimler (DAI), Dell (NASDAQ:DELL)

While Cramer thinks a good portfolio should be diversified, there is no law that says it has to be interesting. If the same old stock is performing well, then boring can be good. Some Ford (F) investors are getting restless and are picking up Toyota (NYSE:TM) at a low price on the assumption that it will go higher. But who's to say that Toyota will improve any time soon? Honda (HMC) and Daimler (DAI) may be beneficiaries from Toyota's problem, but none of these companies are as strong as Ford. Cramer especially likes Ford's Preferred shares (F-PS).

Apple (AAPL) has the same story. An investor would be "crazy" to trade Apple for Dell (DELL) simply for the sake of variety. Even thought Dell was upgraded, Apple is still the leader in group. “We want progress, we want new products, we want new plants, we want improved margins, and we want better balance sheets,” Cramer said. “But we don’t want a new and different stock that might not have those in store for us. We want more of the same” from Ford and Apple.

Mad Mail: Carrizo Oil and Gas (NASDAQ:CRZO), Nabors Industries (NYSE:NBR), Windstream Corporation (NASDAQ:WIN), Altria Group (NYSE:MO), Hatteras Financial (NYSE:HTS), Weyerhaeuser (NYSE:WY)

After Cramer featured Carrizo Oil and Gas (CRZO) on Monday's Mad Money program, a viewer wondered if he would also get behind Nabors Industries (NBR). Cramer said Nabors was "one of the worst-performing stocks I've ever seen," and added if it were a good natural gas company, it would have climbed by now. Another viewer asked about dividend stocks Altria (MO), Windstream Corporation (WIN) and Hatteras Financial (HTS). While Cramer likes the first two stocks, he thinks Hatteras' 18% dividend is a red flag; "I don't think you can possibly maintain that yield." A third viewer asked why the price of lumber was rising while homebuilding has not yet picked up. Cramer thinks lumber companies like Weyerhaeuser (WY) have kept supplies down and the price of lumber should continue to rise.

CEO Interview: Jim Hackett, Anadarko Petroleum (NYSE:APC), Occidental Petroleum (NYSE:OXY), Chevron (NYSE:CVX), Marathon Oil (NYSE:MRO), Mitsui (OTCPK:MITSY)

Cramer thinks Anadarko Petroleum (APC) doesn't get enough respect, and should be in the same category as oil majors such as Chevron (CVX) and Occidental Petroleum (OXY). Anadarko is looking at 7-9 percent production growth in the next five years, a higher rate than Marathon's (MRO), and if it accumulates 3 billion barrels oil by 2014, it should be in the same league as Occidental. Anadarko has three large oil projects and has sold 32.5% of its reserves of Marcellus shale to Mitsui (OTCPK:MITSY) at double the price of recent acquisitions. Occidental Petroleum trades at $117 a share, 65% higher than APC's current level, and Cramer thinks Anadarko could catch up with OXY.

Jim Hackett says Anadarko has been able to survive the risky financial climate by spreading risk and diversifying around the globe. Even though many of its projects are oil-based, Hackett says the company has not forgotten about natural gas, which may be weak short-term but strong long-term. Hackett added that the government needs to feel that the people are behind natural gas, which is the best alternative fuel option and is beneficial for the economy.

JDS Uniphase's (NASDAQ:JDSU) Second Chance

The saga of JDS Uniphase (JDSU) has all the ingredients of riches to rags drama, with the stock reaching its peak of $1,227 in the late 90s only to fall 99.8% in the tech bust. Its initials JDSU became an acronym for "Just Don't Sell Us" and as management jumped ship, "Just Don't Sue Us."

Could this troubled test gear and optical component maker for telco and cable companies have another day in the sun? The stock has gained 387% since 2008, has risen 56% since November and could have more upside, since it has a significant role to play in the mobile internet tsunami. As networks expand and more infrastructure needs to be brought online, JDS's test equipment will be indispensable. As the race for bandwidth heats up, JDS could become a major player. JDS also makes optical equipment, lasers and 3-D glasses, and there is significant demand for all of these products. According to a technical analyst, JDSU's support level, when buyers overwhelm sellers, is at $9. Cramer would buy part of a position at $11 and wait for the stock to drop 2 points before buying more.

In spite of JDSU's troubled history, Cramer is bullish; “When a stock has a strong story, we cannot be deterred from buying this one.”

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Source: Cramer's Mad Money - Don't Get Bored With Ford (3/2/10)