jcianci

Loss of Integrity - Cramer's Mad Money Recap (9/3/08)

hey ray, i disagree with you especially on portfolio two..... they are not diversified as you think...VZ, BAC and ED are highly leveraged companies with their huge payouts and thus have tremendous exposure to rising rates if the dopey fed has anything to say about it.... the unpopular war and imminent troop pull out does not make GD attractive over the next two years....and as for GM...what can i say...the longer wagoner is there, the closer they are to bankruptcy....it's that simple...though not published yet inevitable, GM is third in line behind FNM and FRE for the government hand out.....
starting from scratch a novice investor should consider the following portfolio...JNJ (or PG), GE (or MMM), MO (or UN), XOM (or SLB) and IBM (or CSCO)....here's two portfolios...the best of the best...and of course...completely diversified!