Cramer's 'Mad Money' Follow-Up: Nov. 2
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.3M(MMM): Cramer said there were opportunities in every sector, and he recommended buying 3M, United Technologies(UTX) and Caterpillar(CAT) once the market settles down. He also said he liked Apple(AAPL) on a big down day. On Monday, 3M rose 71 cents, or 1%, to close at $74.28; United Technologies closed up $1.21, or 2%, at $62.66; Caterpillar added 43 cents, or 0.8%, to $55.49; and Apple closed up 81 cents, or 0.4%, at $189.31. Chesapeake Energy(CHK): Cramer spoke with Chairman and CEO Aubrey McClendon, who said people don't realize that natural gas is as abundant as it is. Cramer recommended Chesapeake to investors who think nat gas is on the rise. On Monday, Chesapeake lost 36 cents, or 1.5%, to close at $24.14. Devon Energy(DVN): Cramer also spoke with Devon Chairman and CEO Larry Nichols, who said he aims for a long-term balance between oil and natural gas projects. Cramer said that natural gas stocks, including Devon, have performed solidly over the past decade.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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| 12,801.23 | 1,342.64 | 2,903.88 | 19.69 |
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