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 Monday's "Mad Money" show fared today.Apple(AAPL Quote): Cramer said that earnings estimates for Apple and Google(GOOG Quote) aren't high enough. His price targets on the stocks are $300 and $700, respectively. On Tuesday, Apple closed up $1.52, or 0.8%, at $202.98, while Google gained $4.25, or 0.8%, to $566.76. Goldman Sachs(GS Quote): Cramer said he's ready to look at financial stocks again and that Goldman should head back to its highs. He predicted 15 points of upside for Goldman. He also liked Bank of America(BAC Quote) and Wells Fargo(WFC Quote). He owns all three stocks for his Action Alerts PLUS charitable trust. On Tuesday, Goldman closed off 6 cents at $176.51; BofA added 26 cents, or 1.7%, to $16.03; and Wells lost 30 cents, or 1.1%, to $28.10.
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