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

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.


Intel ( INTC): According to Cramer, Intel was responsible for Wednesday's rally in the Nasdaq 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.

Apple ( AAPL): 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.

Qualcomm ( QCOM): 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.

SanDisk ( SNDK): 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 Novellus' ( NVLS) 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.

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