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Cramer's 'Mad Money' Follow-Up: Aug. 27

Here's how some of Wednesday's 'Mad Money' stocks fared on Thursday.



) -- 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

Wednesday's "Mad Money" show

fared today.

Ultra Petroleum


TheStreet Recommends

: Cramer spoke with CEO Mike Watford, who said that with gas prices so low, Ultra Petroleum might be the only profitable company, due to its onshore focus. Cramer said Watford was the "real deal" and recommended Ultra.

On Thursday, Ultra gained $1.25, or 2.7%, to close at $47.19.

Big Lots

(BIG) - Get Big Lots, Inc. Report

: Cramer said that Big Lots, which beat analyst estimates in its second quarter, is a contender in his search for the king of discount retailers. Whereas


(TJX) - Get TJX Companies Inc Report

focuses mostly on apparel, Big Lots' product offerings are broader. Cramer also liked that same-store sales are up and inventory was down.

On Thursday, Big Lots closed down 62 cents, or 2.4%, at $25.75, while TJX added 60 cents, or 1.6%, to $36.20.


(CAT) - Get Caterpillar Inc. Report

: In his

"Lightning Round" segment

, Cramer called Caterpillar a "whole-class manufacturer" and recommended current shareholders "hold onto it" if they can "handle a dip to $40."

On Thursday, Caterpillar closed down 17 cents, or 0.4%, at $47.08.


(T) - Get AT&T Inc. Report

: AT&T's "finally on the move," said Cramer, and he predicted a rise to $30. He also liked


(VZ) - Get Verizon Communications Inc. Report



(AAPL) - Get Apple Inc. Report


On Thursday, AT&T slid 9 cents, or 0.3%, to $26.42; Verizon lost 43 cents, or 1.4%, to $31.05; and Apple added $2.04, or 1.2%, to $169.45.

-- Written by Rebecca Corvino in New York.