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
: Cramer said that with the housing market set to turn and the number of foreclosures decreasing, banks such as Wells Fargo, which he owns for his
charitable trust, stand to profit. On Monday, Wells Fargo added 66 cents, or 2.8%, to close at $24.53.
: Cramer also recommended homebuilder NVR as a play on the turn in the housing market. On Monday, NVR slid $1.59, or 0.3%, to close at $497.49.
: With the trucking industry also hitting record lows, Cramer recommended this truck manufacturer and predicted it to reap rewards in the second half of the year. On Monday, Paccar gained $1.25, or 4%, to $32.79.
: Cramer has been talking lately about a new product cycle in tech surrounding smartphones and wireless Internet. On Friday, he once again recommended the iPhone maker. On Monday, Apple closed down 47 cents, or 0.3%, at $141.97.
: Cramer interviewed CEO Glen Tullman on Friday's show. According to Tullman, Allscripts is "just getting started." Cramer said the stock is a buy. On Monday, Allscripts rose $1.53, or 10.4%, to close at $16.27.
: It's time to buy Continental Resources again, Cramer said, naming it his "Speculation Friday" pick for the week. He praised the company's management and said it could be a takeover target. Continental is a better company than it was when he last recommended it at $53 in May 2008, and it's about half as expensive, he said. The stock has traded in a 52-week range of $12.01 to $83.81. On Monday, Continental closed up 65 cents, or 2.4%, at $28.22.
Let's take a look at Cramer's
stocks from Friday's show.
: "If I had to own a solar stock, this is the one," Cramer said, because it doesn't need subsidies. On Monday, First Solar lost $3.52, or 2.2%, to $157.20.
: Cramer recommended the stock because he likes tech. "I think you should buy more of it," he said. On Monday, Jabil closed up 30 cents, or 4.2%, at $7.46.
: Cramer liked the stock's dividend. "You've got a winner here," he told his caller. AstraZeneca gained 6 cents to $44.87 on Monday.
: Cramer said he likes the stock and would "stick with it." On Monday, Occidental added $1.83, or 2.9%, to $66.13.
: "I'm done with the casinos," Cramer said, and he continues to recommend selling them. On Monday, MGM lost 13 cents, or 1.9%, to $6.65.
( WYE): Cramer called Wyeth his "least favorite drug stock." On Monday, it added 32 cents, or 0.7%, to $45.35.
: Cramer recommended selling Rambus in favor of
Advanced Micro Devices
. On Monday, Rambus slipped 25 cents, or 1.6%, to $15.54, while Advanced Micro closed up 10 cents, or 2.8%, at $3.72.