Cramer's 'Mad Money' Follow-Up: Feb. 23
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.
"
," 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
fared today.
Schlumberger
(SLB) - Get Report
: Cramer said that with its acquisition of
Smith International
(SII)
, Schlumberger is still cheap. Cramer said that Schlumberger will gain turnkey drilling and exploration abilities from the acquisition.
On Tuesday, Schlumberger slid 69 cents, or 1.1%, to close at $60.88.
Air Products
(APD) - Get Report
: Cramer said Air Products' deal for
Airgas
(ARG)
is a win-win for the company. If the acquisition succeeds, Air Products stands to increase margins. If it doesn't, the stock is likely to snap back to where it was before the deal.
On Tuesday, Air Products added 15 cents, or 0.2%, to close at $70.07.
Lowe's
(LOW) - Get Report
: Cramer said he was bullish on Lowe's, which in addition to beating earnings expectations announced a $5 billion stock repurchase program.
On Tuesday, Lowe's closed off 26 cents, or 1.1%, at $22.81.
Sears Holdings
(SHLD)
: Cramer foresaw a potential turnaround for Sears, noting that the company is shutting down underperforming stores
On Tuesday, Sears lost $1.86, or 1.9%, to close at $93.80.
Macy's
(M) - Get Report
: Cramer saw Macy's heading to $20.
On Tuesday, Macy's closed up 20 cents, or 1.1%, at $18.67.
Want more Cramer? Check out Jim's rules and commandments forinvesting from his latest book by
clicking here.
RELATED LINKS:
>>Cramer's Take on Headline Stocks
>> Cramer's Mobile Internet Index
Follow Stockpickr on
and become a fan on
Facebook.
At the time of publication, Cramer had no positions in stocks mentioned.
Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for
Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click
here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click
here to order his book, "Real Money: Sane Investing in an Insane World," click
here to get his second book, "You Got Screwed!" and click
here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by
clicking here.
TheStreet.com has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from TheStreet.com.