Cramer's 'Mad Money' Follow-Up: Aug. 6

Stock quotes in this article: CSCO , C , TLAB , FNFH , SMSI , STO  

NEW YORK (TheStreet) -- 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 Wednesday's "Mad Money" show fared today.


Tellabs(TLAB Quote): Cramer said Tellabs is in the "sweet spot" and is a play on the demand for broadband. He called it a BuyBuyBuy below $6.

On Thursday, Tellabs closed up 9 cents, or 1.6%, at $5.86.

Statoil(STO Quote): Cramer liked Statoil's dividend and growth prospects. The oil company is the sixth-largest in Europe and shows strength all around.

On Thursday, Statoil slid 35 cents, or 1.6%, to close at $21.63.

Cisco(CSCO Quote): Cramer said that he sides with the bulls regarding Cisco's earnings.

On Thursday, Cisco added 14 cents, or 0.6%, to $22.31.

Citigroup(C Quote): Cramer said he's struggling with Citigroup, but he called it a buy. "I'll bless it," he said.

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