Cramer's 'Mad Money' Follow-Up: July 16 - 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.


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.


(INTC) - Get Report

: According to Cramer, Intel was responsible for Wednesday's rally in the


and is proof that tech is working. He recommended the stock, explaining that many analysts were still too bearish on the company. On Thursday, Intel added 45 cents, or 2.5%, to close at $18.50.


(AAPL) - Get Report

: Apple should also report a great quarter, Cramer said, based on sales of its iPhone and notebook computers. On Thursday, Apple close up 64 cents at $147.52.


(QCOM) - Get Report

: Qualcomm is another tech buy for Cramer. He owns it in his

Action Alerts PLUS charitable trust. On Thursday, Qualcomm closed 66 cents, or 1.4%, higher at $46.72.



: The signs were there that Intel was going to report a great quarter, but people missed them, Cramer said. The same could happen with SanDisk, and he encouraged viewers to pay attention. He said that



conference call, with its positive comments about NAND flash screamed "buy SanDisk," the only way to play that technology. On Thursday, SanDisk gained $1.47, or 9.1%, to close at $17.67.


(CIT) - Get Report

: Cramer said a government bailout of CIT would be outrageous. He added the company's CEO, Jeffrey Peek, to his Wall of Shame list and said that CIT's secondary offerings were not making any money for "unsuspecting investors." On Thursday, CIT lost $1.23, or 75%, to close at 41 cents.


(T) - Get Report

: In his

"Lightning Round"

segment, Cramer said that he liked AT&T's yield and that its dividend looked safe. Even though he's been wrong before on the stock, he said, "I'm going to stick my neck out and recommend it again." On Thursday, AT&T lost 26 cents, or 1.1%, to $23.71.

Tata Motors

(TTM) - Get Report

: Cramer did not recommend buying this stock or any auto stock right now. "The woes of the auto industry are too large," he said. On Thursday, Tata added 4 cents to $8.63.

Patriot Coal


: Cramer said he wasn't a fan of coal stocks because "Obama doesn't like coal." He recommended

Peabody Energy

(BTU) - Get Report

instead. On Thursday, Patriot Coal close up 86 cents, or 14%, at $6.99, while Peabody added $1.30, or 4.1% to $32.93.

Toll Brothers

(TOL) - Get Report

: Cramer said he wanted to stay away from homebuilder stocks. "There are still too many homes being built right now," he said. On Thursday, Toll added 23 cents, or 1.4%, to close at $17.15.