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.
Amazon.com ( AMZN - Get Report): Even though the bears hate Amazon, said Cramer, the stock is up nearly 250% for the year, and Cramer said it still has room to grow by 74 points. He reminded viewers of the stock's 1,449% move in the late '90s. On Thursday, Amazon lost $1.08, or 0.8%, to close at $141.17. Inergy ( NRGY): Cramer identified a strong but quiet bull market in propane and urged viewers not to ignore it. He said propane stocks had gained 19% since the beginning of July, and he also liked their average 8.4% yield. His favorite propane stock was Inergy, followed by AmeriGas ( APU). On Thursday, Inergy added 93 cents, or 2.8%, to $34.17, while AmeriGas gained 58 cents, or 1.5%, to $38.50.
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