Cramer's 'Mad Money' Follow-Up: Wal-Mart

Jim Cramer was bullish on Wal-Mart (WMT), Verizon (VZ), McDonald's (MCD) and Dominion Resources (D) on his "Mad Money" show Monday night. All four companies traded higher Tuesday.

On Tuesday, shares of Wal-Mart closed higher, up $1.16, or 2.44% to $48.67. Shares of Verizon closed higher, up $1.43, or 5.46% to $27.61. Shares of McDonald's closed higher, up $0.28, or 0.54% to $52.60. Shares of Dominion closed higher, up $0.72, or 2.64% to $28.01.

He noted that some stocks such as Wal-Mart, Verizon and McDonald's, which he owns for his charitable trust, Action Alerts PLUS, are getting too cheap to pass up.

Cramer also interviewed Duke Energy CEO Jim Rogers, to find out how President Obama's cap-and-trade carbon initiatives would hurt the company's bottom line, and how the company plans to move to a greener future.

Rogers said that Duke Energy will not be put out of business by Obama's initiatives. He said the company has both a strong balance sheet and is actively working to help shape the legislation to have as little impact on consumers as possible. He said Duke is doing a lot to move towards a greener future, including investing in both wind and solar facilities, as well as a new proposed nuclear facility.

In terms of the utilities sector, Cramer said he still prefers Dominion Resources.

At the time of publication, Cramer was long Wal-Mart, Verizon and McDonald's.

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.

More from Jim Cramer

Baidu.com, Momo, Praxair: 'Mad Money' Lightning Round

Baidu.com, Momo, Praxair: 'Mad Money' Lightning Round

Global Gloom: Cramer's 'Mad Money' Recap (Monday 6/18/18)

Global Gloom: Cramer's 'Mad Money' Recap (Monday 6/18/18)

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Four Stocks Poised for Big Gains: Cramer's 'Off the Charts'

Four Stocks Poised for Big Gains: Cramer's 'Off the Charts'