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 Monday's "Mad Money" show fared today.Nordic American Tanker(NAT Quote): Cramer spoke with Chairman and CEO Herbjorn Hansson, who pointed to the company's limited downside, absence of debt and growth potential. Cramer said the company is strong and that he liked its balance sheet, calling Nordic American a buy. On Tuesday, Nordic American Tanker added $1.26, or 4%, to close at $32.51. Amazon.com(AMZN Quote): Cramer said Amazon wasn't too expensive, even if it's perceived by many as such. He pointed to is low fulfillment costs and lack of inventory risk. He said its accelerating revenue growth is unmatched. On Tuesday, Amazon slid 6 cents to close at $132.94.
| Stockpickr: Who Owns Amazon? |
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