Cramer's 'Mad Money' Follow-Up: March 24

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 Tuesday's "Mad Money" show fared today.


Walter Energy ( WLT): Cramer again recommended Walter Energy as a play on demand for coal in China to produce more steel.

On Wednesday, Walter Energy added $1.03, or 1.1%, to close at $92.33.

Oracle ( ORCL): Cramer said he liked Oracle ahead of its earnings report. He also reiterated his buy on Apple ( AAPL), which he owns for his Action Alerts PLUS charitable trust.
Stockpickr: Who Owns Oracle?

On Wednesday, Oracle closed off 23 cents, or 0.9%, at $25.76, while Apple gained $1.01, or 0.4%, to $229.37.

Google ( GOOG): Cramer said that while he likes Google's search and advertising businesses and it has sustained limited revenue loss from China so far, it stands to lose a lot more, since China might have represented as much as $6 billion in revenue by 2014. He said Google was a buy, but only on weakness.

On Wednesday, Google closed up $8.33, or 1.5%, at $557.33.

Baidu ( BIDU): Baidu, on the other hand, stands to benefit from Google's departure from China, Cramer said. Baidu could see an earnings boost of 35%, and even though the stock's already up on the news, he still called it a buy.

On Wednesday, Baidu added $13.62, or 2.3%, to close at $608.50.

Chevron ( CVX): In his "Lightning Round" segment, Cramer told viewers that he had to sell Chevron for Action Alerts PLUS. "Oil is not acting that well, and we need more yield," he said. He recommended Action Alerts PLUS name BP ( BP) instead.

On Wednesday, Chevron shed 84 cents, or 1.1%, to $73.93, while BP closed down 72 cents, or 1.2%, at $57.23.

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 BP and 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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