Cramer's 'Mad Money' Follow-Up: Sept. 28
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
.
That said, here's how some of the stocks that Cramer talked about on
Friday's "Mad Money" show
fared today.
Procter & Gamble
(PG) - Get Report
: Cramer said that until jobless claims fall below 346,000, he's recommending defneisve names such as Procter & Gamble and
Pepsi
(PEP) - Get Report
, both of which he owns for his
Action Alerts PLUS charitable trust, as well as
General Mills
(GIS) - Get Report
.
On Monday, Procter & Gamble closed up 15 cents, or 0.3%, at $58.16; Pepsi gained 35 cents, or 0.6%, to $59.03; and General Mills added $1.22, or 1.9%, to $64.51.
Nike
(NKE) - Get Report
: Nike and
Darden
(DRI) - Get Report
report earnings on Tuesday, and Cramer said on Friday that their earnings will be another gauge on consumer strength. He told viewers to look at Nike's future orders number and Darden's same-store sales number. If these numbers are bad, he said, it'll be a nod to the defensive stance.
On Monday, Nike closed up 36 cents, or 0.6%, at $59, while Darden gained 54 cents, or 1.5%, to $36.14.
Abbott Labs
(ABT) - Get Report
: Cramer said that Abbott could be making a European acquisition, which would be good news for the company and the broader market. On Monday, Abbott announced a
$6.6 billion deal
to buy the pharmaceutical business of Belgian chemicals maker Solvay.
On Monday, Abbott closed up $1.25, or 2.6%, at $48.58.
International Paper
(IP) - Get Report
: Cramer spoke with International Paper Chairman and CEO John Faraci, who said the company doesn't have immediate plans to reinstate its dividend but noted that the company has benefited from lower interest rates and natural gas prices. Cramer recommended the stock.
On Monday, International Paper added 46 cents, or 2.1%, to close at $22.17.
To watch replays of Cramer's video segments, visit the Mad Money page on CNBC
.
At the time of publication, Cramer was long Procter & Gamble, Abbott and Pepsi.
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.
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