NEW YORK ( TheStreet) -- 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.
Intel (INTC - Get Report): Cramer predicted that Action Alerts PLUS name Intel could double after its first-quarter earnings beat. He pointed to positives such as the company's new product cycle and said its strong news signaled a buy for other tech companies, as well, such as Hewlett-Packard (HPQ - Get Report) and Western Digital (WDC). On Thursday, Intel gained 70 cents, or 3%, to close at $24.22, while Hewlett-Packard closed off 29 cents, or 0.5%, at $54.23, and Western Digital added 32 cents, or 0.8%, to $41.77. >> Who Owns Intel?: Renaissance Technologies Baltic Trading (BALT - Get Report): Cramer spoke with Baltic Chairman Peter Georgiopoulos, who pointed out that while Baltic Trading might be lesser-known, its parent company, Genco Shipping (GNK) has a longer track record of positive shareholder experience. He explained that Baltic had no ships at the time of its IPO last month because it first needed the proceeds from that IPO, and the cost of the ships it was purchasing was represented by the company's IPO price. Cramer had previously told investors to avoid Baltic Trading, but on Wednesday he declared that the stock was probably OK to buy since its share price is now below the IPO price. On Thursday, Baltic closed up 21 cents, or 1.6%, at $13.69. Scotts Miracle-Gro (SMG - Get Report): Cramer recommended Scotts Miracle-Gro after Tractor Supply (TSCO) reported a strong quarter. He called Scotts the king of DIY lawn and garden care and pointed out that 70% of the company's sales come from big retailers such as Lowe's (LOW) and Wal-Mart (WMT).