Cramer Effect Lifts BGS, WIN and EM

The markets tacked on additional gains on Wednesday with the Dow Jones Industrial average rising 61 points. The markets were led by strong energy sector that was buoyed by rising oil prices. Oil prices finished up 4.4% to over $71 per barrel. 

Three stocks that were profiled on Jim Cramer’s Mad Money show last night also saw a lift from the “Cramer Effect”. 

B&G Foods (BGS: 9.68 -1.02%)

The food company gained 6.9% after Cramer interviewed CEO David Wenner on Tuesday’s Mad Money show. The company is focused on acquired quality brand names such as Ortega and Cream of Wheat. Cramer is bullish on the stock and likes the 8.2% high dividend yield. 

Emdeon (EM: 16.51 +1.04%)

Emdeon was another bullish stock pick of Mr. Cramer that benefitted from the “Cramer effect” today. The healthcare stock rose 2.8% after Cramer said the company has earnings momentum during the Lightning Round segment of the show. Cramer recommends buying the stock all the way up to $18. 

Windstream (WIN: 10.81 -0.18%)

Another bullish stock pick out of the Lightning Round was Windstream which gained 1.5%. Cramer has a lot of confidence in CEO Jeff Gardner and believes that the stock’s 12% dividend yield is still safe. 

Other Cramer stock picks: 

Treehouse Foods (THS: 44.93 +0.54%) rose 0.1% – The stock finished virtually unchanged despite Mr. Cramer’s bullish recommendation and $45 price target.

Home Depot (HD: 32.13 +1.32%) declined 0.7% and Lowes gained 1.2% (LOW: 24.59 +1.24%) – The home improvement stocks seemed to buck the trend, because Cramer’s recommendation of Home Depot didn’t seem to move the stock, while Lowe’s went up despite bearish comments from Mr. Cramer.