Cramer's 'Mad Money' Follow-Up: Gilead

Jim Cramer said he expects terrific performance from Gilead.
Author:
Publish date:

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

"Lightning Round" segment

, 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

Action Alerts PLUS

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.

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.