Cramer's 'Mad Money' Follow-Up: April 15
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.
Intel
(INTC) - Get Intel Corporation Report
: Cramer predicted that
name Intel could double after its
TheStreet Recommends
. 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
and
Western Digital
(WDC) - Get Western Digital Corporation Report
.
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
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: Cramer spoke with Baltic Chairman Peter Georgiopoulos, who pointed out that while Baltic Trading might be lesser-known, its parent company,
Genco Shipping
(GNK) - Get Genco Shipping & Trading Ltd Report
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 Scotts Miracle-Gro Company Class A Report
: Cramer recommended Scotts Miracle-Gro after
Tractor Supply
(TSCO) - Get Tractor Supply Company Report
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) - Get Lowe's Companies, Inc. Report
and
Wal-Mart
(WMT) - Get Walmart Inc. Report
.
Cramer had previously recommended the stock on May 1, 2009, and since then, it had climbed 43%. Cramer predicted that the stock could continue higher to $55.
On Thursday, Scotts Miracle-Gro gained $1.28, or 2.7%, to close at $48.45.
>> Who Owns Scotts Miracle-Gro?: Bruce Kovner
Costco
(COST) - Get Costco Wholesale Corporation Report
" In his
, Cramer expressed frustration that Costco has not being rising, but he still called the stock a buy. "I want to stick with it," he said.
On Thursday, Costco gave up 59 cents, or 1%, to close at $59.03.
Merck
(MRK) - Get Merck & Co., Inc. Report
: Cramer called Merck "a dog" and said that being in a recovery "means you buy industrials and sell the drug stocks."
On Thursday, Merck lost 17 cents, or 0.5%, to close at $36.04.
>> Who Owns Merck?: Moore Capital
Anadarko Petroleum
(APC) - Get Anadarko Petroleum Corporation Report
: Cramer said Anadarko was the "stock to own in this group." He said he'd been being
Carrizo Oil & Gas
(CRZO) - Get Carrizo Oil & Gas, Inc. Report
but that "you have to be careful." "Anadarko is the way to win," he said.
On Thursday, Anadarko gained 67 cents, or 0.9%, to close at $74.74, while Carrizo added 50 cents, or 2.2%, to close at $23.53.
>> Who Owns Anadarko?: T. Boone Pickens
Want more Cramer? Check out Jim's rules and commandments forinvesting from his latest book by
clicking here.
RELATED LINKS:
>>"Fast Money" Portfolios of the Week
>> Cramer's Mobile Internet Index
At the time of publication, Cramer was long Intel, Costco.
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
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clicking here.
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