Every night on "Mad Money," Jim Cramer offers market commentary and general investment advice, and he makes calls on specific stocks, both of his own choosing and in response to viewer requests. He relies on his many years of experience and strong track record, and he takes full responsibility for his calls.
"I never shirk from admitting my mistakes; instead, I dwell on them to learn from them. I change my mind, I take losses, I own up to them," Cramer has said. Here we track some of his calls from the previous episode of "Mad Money" and find out, at least in the very short term, how the stocks are performing. Keep in mind that Cramer might not have been recommending that viewers take immediate action on a stock. And, of course, it's up to the individual investor to do his or her own homework. That said, here's how some of the stocks that Cramer talked about on Tuesday's "Mad Money" show fared today.Netflix(NFLX Quote): Since Cramer advised selling Netflix on Aug. 20, it has risen 21%, even though Dan Fitzpatrick said its daily chart confirmed Cramer's sell recommendation. The monthly chart, however, tells a different story, predicting that Netflix could soar as high as $70 a share. Cramer said that its fundamentals reveal Netflix to be a resilient company with great growth. He said he's now turning bullish on the stock. On Wednesday, Netflix slid 70 cents, or 1.3%, to close at $53.54. Deckers(DECK Quote): Cramer said he was right to recommend buying Deckers and selling Under Armour(UA Quote) a few weeks ago. Deckers, which reported a great quarter, is up 15% since that call, while Under Armour, in spite of also reporting a great quarter, lowered guidance.
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