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 Wednesday's "Mad Money" show fared today.
Western Gas ( WES): Cramer spoke with the CEO and president of Anadarko ( APC) subsidiary Western Gas, Donald Sinclair, who mentioned the stocks' dividend yield of 6% and that it's near its 52-week high. Sinclair expressed confusion over why the country is not fully embracing natural gas, and he said that 70% of Western Gas' gross margins doesn't rely on the fuel. Cramer was optimistic about Western's prospects, and he also gave a nod to Kinder Morgan ( KMP) and Enterprise Partners ( EPD). On Thursday, Western Gas added 43 cents, or 2%, to close at $22.12. Deckers ( DECK): Even though it's jumped lately, Cramer said, Deckers is still a bargain. He pointed to the company's expectations-beating fourth quarter and positive guidance, and said the company still has a lot of growth potential. He gave credit to Deckers' management of its Ugg brand, which the company has not had to price at a discount. On Thursday, Deckers closed up 66 cents, or 0.5%, at $125.75. Office Depot ( ODP): In his "Lightning Round" segment, Cramer said he'd rather buy Staples ( SPLS) and sell Office Depot. Staples "is in a better position right now," he said. On Thursday, Office Depot added 19 cents, or 2.6%, to close at $7.45, while Staples gained 39 cents, or 1.7%, to $22.95. AIG ( AIG): Cramer told viewers that AIG's stock is worthless. "They owe a huge amount to the government," he said. On Thursday, AIG closed up $1.83, or 7.4%, at $26.71. Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.
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