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

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.

Medicis Pharmaceutical ( MRX): Cramer spoke with Medicis Chairman and CEO Jonah Shacknai, who said that the company's smaller, noninvasive plastic surgery procedures have been flat to slightly higher during the recession, vs. weakness in the larger procedures. He expects business to boom as the economy continues to recover.

Cramer recommended Medicis shares to viewers.

On Tuesday, Medicis lost 13 cents, or 0.5%, to close at $26.04.

Devon Energy ( DVN): Cramer spoke with Devon Chairman and CEO Larry Nichols, who stood behind the company's decision to sell its international and Gulf of Mexico assets last year to become a pure play on natural gas in North America. He said he was fully confident in the switch, and he encouraged investors to use weakness in natural gas prices as a buying opportunity.

Cramer said he still likes Devon, even if shares have risen almost 600% over the past 15 years.

On Tuesday, Devon slid 94 cents, or 1.4%, to close at $67.79.

CapitalSource ( CSE): Cramer said CapitalSource was "too risky" and recommended Bank of America ( BAC) instead.

On Tuesday, CapitalSource closed down 2 cents, or 0.3%, at $5.87, while Bank of America gained 18 cents, or 1.1%, to close at $17.03.
Stockpickr: Who Owns Bank of America?

Oracle ( ORCL): In his "Lightning Round" segment, Cramer said that Oracle is a winner and that the stock could go to $30.

On Tuesday, Oracle gave up 7 cents, or 0.3%, to close at $25.21.

Force Protection ( FRPT): Cramer told viewers to buy L-3 Communications ( LLL) instead and "sell, sell, sell" Force Protection.

On Tuesday, Force Protection closed off 12 cents, or 1.9%, at $6.34, while L-3 Communications added 51 cents, or 0.6%, to $92.95.

U.S. Steel ( X): Cramer said that while U.S. Steel has a good international business and he wouldn't call the stock a sell, he said he preferred Nucor ( NUE), which he called "the best."

On Tuesday, U.S. Steel gained $1.80, or 3%, to close at $62.49, while Nucor picked up 95 cents, or 2.1%, to $46.07.

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


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At the time of publication, Cramer was long Bank of America.

Jim Cramer is a director and co-founder of He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, 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. has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from

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