Cramer's 'Mad Money' Follow-Up: March 2

NEW YORK (TheStreet) -- 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 Monday's "Mad Money" show fared today.


Apple ( AAPL): Cramer said it was time to stop being skeptical about tech stocks and that there was a clear bull market in the smartphone movement. He said the whole group should be headed higher on the tails of earnings beats from SandDisk ( SNDK) and others.

Specifically, Cramer said that Apple, even at $200, is not expensive.

On Tuesday, Apple slid 14 cents to close at $208.85.

Carrizo Oil & Gas ( CRZO): Cramer spoke with Carrizo President and CEO Chip Johnson, who said there was upside in natural gas stocks and expressed surprise that Obama wasn't more supportive of the fuel.

Cramer said that he agreed with JPMorgan's valuation of Carrizo at $35 a share and that the stock is worth at least that much.

On Tuesday, Carrizo closed up $1.31, or 5.4%, at $25.60.

Seagate ( STX): Cramer had called Seagate a sell a few weeks ago but said on Monday that it was a buy. He said it wasn't too late to pick up shares of the stock, which he said is undervalued.

On Tuesday, Seagate lost 34 cents, or 1.6%, to close at $21.01.

Starwood Hotels ( HOT): Cramer gave his support to Starwood for the first time, following the company's stellar earnings repot, which Cramer said was one of the best of the quarter and nearly flawless. He noted the company's cost-cutting measures, an increase in occupancy rates and a rise in international travel.

Cramer called Starwood a buy.

On Tuesday, Starwood added a penny to close at $38.81.

Toyota Motor ( TM): During his "Lightning Round" segment, Cramer said he'd rather own Ford ( F) because of its CEO, Alan Mulally. "That's a great company," he said.

On Tuesday, Ford slipped 19 cents, or 1.5%, to close at $12.22, while Toyota closed up 78 cents, or 1.1%, at $74.42.

Want more Cramer? Check out Jim's rules and commandments forinvesting from his latest book by clicking here.

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At the time of publication, Cramer was long Apple.

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.

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