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.
Western Union ( WU - Get Report): Western Union stands to benefit from Obama's planned immigration reforms, said Cramer. A global recovery will also be a boon to the stock. On Thursday, Western Union closed up 52 cents, or 2.9%, at $18.25. FirstMerit ( FMER): In his " Lightning Round" segment, Cramer said Firstmerit's "done everything right." On Thursday, the stock added 88 cents, or 5.2%, to close at $17.89. Alcoa ( AA - Get Report): Cramer said he didn't like the company because it was "poorly run." He preferred Freeport ( FCX - Get Report) and BHP Billiton ( BHP) on a pullback. "They've had too big a run," he said. On Thursday, Aloca closed up 60 cents, or 5.9%, at $10.80; Freeport gained 97 cents, or 1.7%, to $59.75; an BHP added $1.95, or 3.3%, to $61.37.