Cramer's Take on Headline Stocks

(Updated to add video and stock prices.)

NEW YORK (TheStreet) -- Regardless of why a stock is in the news, it never hurts to hear what a professional investor has to say about it. The key is to gather as much information as you can in order to make the most informed investment decisions you can. As Jim Cramer often reminds, investors must do their homework.

So what has Cramer had to say lately about today's headline-makers? At Stockpickr, we've combed through his recent RealMoney blog posts, "Mad Money" TV show recaps and "Stop Trading!" segments to find out what he thinks about some of today's newsworthy stocks, including MGM Mirage(MGM Quote), Humana(HUM Quote) and Apple(AAPL Quote).

MGM Mirage: MGM lost $212.6 million, or 60 cents a share, in its second quarter, compared with earnings of 40 cents a share a year ago. Revenue also fell year over year, by 22% to $1.49 billion.

On his June 26 "Lightning Round" segment, Cramer told viewers that he was "done with the casinos" and advised selling them.

In a video filmed today for TheStreet.com TV, Cramer says there's a gaming stock he prefers to MGM:

Cramer: Placing Your Chips in Gaming

In late-day trading on Monday, MGM was adding 23 cents, or 3.2%, to $7.46.

For more of what Cramer's had to say about stocks in the news, visit Stockpickr.com.

-- Written by Rebecca Corvino in New York