Cramer Is Bullish On Gold Stocks

The stock market rally continued again on Tuesday as the Dow Jones Industrial average finished up 56 points to close at 9,683. The markets were helped by better than expected retail sales which signaled strong back-to-school buying. Mad Money host Jim Cramer has been bullish on back-to-school sales for several weeks now and today’s report seemed to prove him right.

Here is a review of the performance of Jim Cramer’s stock picks from Monday’s Mad Money show.

Gold Stocks
Yamana Gold (AUY: 16.62 0.00%), El Dorado Gold (EGO: 14.06 0.00%), Agnic-Eagle Mines (AEM: 35.50 0.00%) and SPDR Gold Shares (GLD: 168.50 0.00%) also posted impressive gains today after Jim Cramer announced that gold stocks were cheap on the Lightning Round segment of yesterday’s Mad Money show. His favorite gold play remains the SPDR Gold Shares ETF.

Airgas (ARG: 79.73 0.00%)
Airgas stock jumped 2.6% today after Cramer interviewed CEO Peter McCausland on yesterday’s Mad Money program. Mr. McCausland reported that demand from infrastructure builders is beginning to return. The company is seeing increased demand for its industrial gases. Cramer announced that he liked the management team at Airgas and recommended that investors buy this stock.

Cramer’s Lightning Round stock picks:

Tenet Healthcare (TNH: 210.50 0.00%) rose 0.6% – “I think the hospitals are in the sweet spot they are the winners under Obama. They are a protected class.”

CenturyTel (CTL: 37.89 0.00%) jumped 0.8% – Cramer is a big fan of their unbelievably high 8.9% dividend yield.

AMD (AMD: 7.25 0.00%) jumped 2.8% and Nvidia (NVDA: 16.31 0.00%) spiked up 2.1% – Cramer was bullish on both stocks with AMD being his preference.

Research in Motion (RIMM: 16.49 0.00%) jumped 2.1% – Cramer claimed that RIMM has “got the Mojo” and believes the stock will be a winner.

Apple (AAPL: 476.68 0.00%) inched 0.8% higher – Even at their current 52-week high, Cramer is still a big fan of Apple and thinks there even better than Research in Motion.

Whirlpool (WHR: 70.20 0.00%) climbed 2.1% – Cramer likes the company’s booming business in Brazil and believes the stock will go even higher.

Dominion Resources (D: 50.20 0.00%) up 0.8% – Another high yielding (5.3%) dividend stock that Cramer likes and he believes their dividend will remain safe.

Sinovac Biotech (SVA: 2.17 0.00%) jumped 4.5% – While Cramer usually stays away from Chinese stocks, he was very bullish on this stock.

Emdeon (EM: 0.00 N/A) rose 1.6% – Cramer recommends investors buy this stock and believes it will hit $18.50.