Cramer's 'Mad Money' Recap: Oct. 8

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.

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Covidien(COV Quote): Covidien is a relatively low-risk health care stock, said Cramer, and is trading at a deep discount. He saw upside in the stock from the company's high-demand products.

On Thursday, Covidien added 80 cents, or 1.9%, to close at $42.99.

Verizon(VZ Quote): Cramer liked Verizon even if it's not as much of a high-flier as Apple(AAPL Quote) and Tessera(TSRA Quote). He said he liked Verizon's dividend.

On Thursday, Verizon closed down 22 cents, or 0.8%, at $29.16, while Apple shed 98 cents, or 0.5%, to $189.27, and Tessera closed up 72 cents, or 2.5%, at $30.05.

Alcoa(AA Quote): In his "Lightning Round" segment, Cramer said that Alcoa, which just reported a profit, could "trade to the high teens." He wanted to confirm this by listening to the conference call, but he said he liked what he saw so far.

On Thursday, Alcoa gained 15 cents, or 1.1%, to close at $14.35.