Cramer's Take on Headline Stocks: Nov. 3

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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.

Hecla Mining(HL): Hecla surprised in the third quarter with a $22.5 million profit, compared with a $7.2 million loss a year ago. Revenue of $95.2 million surpassed analyst expectations for $68.7 million.

In his Oct. 9 "Lightning Round" segment, Cramer said he didn't like Hecla or any silver stock. "There's no reason to own them," he said.

Nvidia(NVDA): Morgan Stanley downgraded Nvidia to sell from neutral on worries about the company's shift of focus from PCs to mobile devices.

In his Oct. 14 "Lightning Round" segment, Cramer said Nvidia "is at the cusp of a brand-new cycle" and recommended the stock as a buy.

Walgreen(WAG): Same-store sales rose 4.9% at Walgreen in October, in part due to a flu-shot boost. Analysts had been expecting a 4.8% jump.

In his Sept. 29 "Stop Trading!" segment, Cramer said Walgreen and CVS(CVS) were flu-shot plays. According to Cramer, customer traffic doubled with flu-shot recipients, who are prone to impulse purchases.

Ralph Lauren(RL): Ralph Lauren's second-quarter profit rose 10% to $177.5 million, compared with last year's $161 million, while revenue fell 4% to $1.37 billion.