Cramer's 'Mad Money' Follow-Up: Gilead
On Friday's "Mad Money" show, Jim Cramer called ON Semiconductor (ONNN) a buy after its quarterly results. He spoke with CEO Keith Jackson, who said the company is committed to paying off its debt.
On Tuesday, ON added 24 cents, or 3.9%, to close at $6.46.
Cramer also recommended
CKE Restaurants
(CKR)
as a Speculative Friday pick and a turnaround play. He liked the stock's 3% dividend and said that the company should be able to turn its negatives into positives.
On Tuesday, CKE closed up $1.07, or 13.8%, at $8.80.
Cramer also liked
Companhia Vale
(VALE) - Get Report
as a play on China.
On Tuesday, Vale added 54 cents, or 2.9%, to close at $19.26.
In the
, Cramer recommended
Gilead Sciences
(GILD) - Get Report
, calling it the "Best house in a touch neighborhood." He said it might be painful "while Obama doesn't like biotech" but that Gilead should "come through this period terrifically."
On Tuesday, Gilead gained 14 cents to $42.47.
Emerson Electric
(EMR) - Get Report
's chart might be bad, but Cramer said he's not scared. He'd bought some for his
charitable trust earlier last week.
On Tuesday, Emerson closed up $1.07, or 3.3%, at $33.25.
Starbucks
(SBUX) - Get Report
"could be in the midst of a turn," said Cramer, but he wasn't sure.
On Tuesday, Starbucks added 50 cents, or 3.9%, to close at $13.50.
Cramer said that the damage is done in
Cliffs Natural Resources
(CLF) - Get Report
following its offering, and now he thinks "the risk is over."
On Tuesday, Cliffs Natural added $1.41, or 6.1%, to close at $24.55.
At the time of publication, Cramer was long Emerson Electric.
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