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.
Baldor Electric ( BEZ): Cramer admitted that his June 17, 2008, recommendation of Baldor was a mistake, but he said that Obama's cap-and-trade energy legislation, if it passes, makes the stock attractive again. On Thursday, Baldor gained $1.01, or 4.8%, to $22.12. Exxon Mobil ( XOM): Cramer said he wouldn't be a buyer until Exxon increases its dividend. On Thursday, the stock lost 29 cents to close at $65.97. JA Solar ( JASO):Cramer said he wouldn't recommend "any sort of alternative energy" with oil heading toward $40. On Thursday, JA Solar added 28 cents, or 8%, to $3.77. Tekelec ( TKLC): Cramer liked the stock but recommended waiting "until it comes down a bit." He said not to buy for now. On Thursday, Tekelec closed up 23 cents, or 1.4%, at $16.98.