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 Friday's "Mad Money" show fared today. Wells Fargo(WFC Quote): Cramer said that with the housing market set to turn and the number of foreclosures decreasing, banks such as Wells Fargo, which he owns for his Action Alerts PLUS charitable trust, stand to profit. On Monday, Wells Fargo added 66 cents, or 2.8%, to close at $24.53. NVR(NVR Quote): Cramer also recommended homebuilder NVR as a play on the turn in the housing market. On Monday, NVR slid $1.59, or 0.3%, to close at $497.49. Paccar(PCAR Quote): With the trucking industry also hitting record lows, Cramer recommended this truck manufacturer and predicted it to reap rewards in the second half of the year. On Monday, Paccar gained $1.25, or 4%, to $32.79. Apple(AAPL Quote): Cramer has been talking lately about a new product cycle in tech surrounding smartphones and wireless Internet. On Friday, he once again recommended the iPhone maker. On Monday, Apple closed down 47 cents, or 0.3%, at $141.97.- Loading Comments...
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