Cramer's 'Mad Money' Follow-Up: Gilead

On Friday's "Mad Money" show, Jim Cramer called ON Semiconductor(ONNN Quote) a buy after its quarterly results. He spoke with CEO Keith Jackson, who said the company is committed to paying off its debt.

On Tuesday, ON added 24 cents, or 3.9%, to close at $6.46.

Cramer also recommended CKE Restaurants(CKR Quote) as a Speculative Friday pick and a turnaround play. He liked the stock's 3% dividend and said that the company should be able to turn its negatives into positives.

On Tuesday, CKE closed up $1.07, or 13.8%, at $8.80.

Cramer also liked Companhia Vale (VALE Quote) as a play on China.

On Tuesday, Vale added 54 cents, or 2.9%, to close at $19.26.

In the "Lightning Round" segment, Cramer recommended Gilead Sciences(GILD Quote), calling it the "Best house in a touch neighborhood." He said it might be painful "while Obama doesn't like biotech" but that Gilead should "come through this period terrifically."

On Tuesday, Gilead gained 14 cents to $42.47.

Emerson Electric(EMR Quote)'s chart might be bad, but Cramer said he's not scared. He'd bought some for his Action Alerts PLUS charitable trust earlier last week.

On Tuesday, Emerson closed up $1.07, or 3.3%, at $33.25.

Starbucks(SBUX Quote) "could be in the midst of a turn," said Cramer, but he wasn't sure.

On Tuesday, Starbucks added 50 cents, or 3.9%, to close at $13.50.

Cramer said that the damage is done in Cliffs Natural Resources(CLF Quote) following its offering, and now he thinks "the risk is over."

On Tuesday, Cliffs Natural added $1.41, or 6.1%, to close at $24.55.