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.
NewAlliance Bancshares (NAL): Cramer spoke with Chairman, President and CEO Peyton Patterson, who said the company has up to $500 million in excess capital to make acquisitions. Cramer, who last recommended the regional bank on April 4, again called the stock a buy and told viewers to "pick up some now." On Tuesday, NewAlliance gained 38 cents, or 3.4%, to close at $11.73. Duff & Phelps (DUF): Cramer spoke with Chairman and CEO Noah Gottdiener, who said the firm's clients include top hedge and mutual funds ad well as the government. Cramer last recommended the stock on Nov. 9, and on Monday, he said it was too cheap and recommended it again. On Tuesday, Duff & Phelps added 63 cents, or 3.8%, to $17.38.