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On August 3, "Mad Money" host Jim Cramer recommended the following five stocks. I agree with him on four of the calls. However, there's one I think he's wrong about. Read on for more details:

Allergan, Inc. (NYSE:AGN) is a multi-specialty health care company focused on developing and commercializing pharmaceuticals, biologics, medical devices and over-the-counter products. The stock summary shows a 52-week low and high of $64.36 - $85.74. On August 1, just before Cramer's recommendation, the stock opened the trading day at $81.74, reached a high of $81.97 and finally closed at $79.95. Since August 1, the stock price have showed considerable improvement and are increasing on a gradual basis. The announced dividend was $0.05 on August 16. The EPS for the company is negative at the moment, but a dividend declaration by the company’s board of directors might offset the negative sentiment due to its negative earnings per share. Sometimes companies announce dividends to signal a positive message regarding the company’s future returns. Since the stock price has continued to appreciate over time I recommend the stock as a buy.

Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) is an independent energy company. The 52-week low and high for the stock was recorded at $21.96 - $44.17. Since July, the stock price has been declining. On August 1, the stock opened the trading day at $39.15 and closed at $38.81. The volume of shares traded was 968,400. The main reason for the decline in price was the war in Libya, which is one of the most oil rich nations in the world. Carrizo, for the moment, has cancelled its dividends primarily due to its lower net income. A lower net income implies lower retained earnings, which forces the company to not pay any dividends. The stock price is expected to depreciate in the future. The stock price decline and a negative EPS could lead the company to announce dividends in order to signal a positive financial health of the firm within the market. I would recommend the stock of Carrizo as a sell based on its poor financial figures.

Darden Restaurants, Inc. (NYSE:DRI) is a full-service restaurant company. As of May 29, 2011, the company operated, through its subsidiaries, 1,894 restaurants in the United States and Canada. The stock 52-week low is $42.37 and its high is $53.81. On August 1, the stock opened the trading day at $51.25 and closed at $50.13. Since August 1, the stock price has been volatile. However, based on the stock dividend of $1.72, its positive P/E 13.24, and its 52 week range, I would expect it to appreciate more in the future rather than depreciate in value and therefore recommend the stock as a buy. One of the competitors of Darden, Chipotle Mexican Grill (NYSE:CMG), has a recorded 52-week span of $162.24 - $337.32. Chipotle’s stock has an EPS of $6.05 and a P/E of $50.47. No dividends have been declared. I expect the stock price for Chipotle to rise in the future based on its strong P/E of 50.47, which indicates high investor expectations. I would recommend the stock of both Chipotle Mexican Grill and Darden Restaurants as buys.

Devon Energy Corporation (NYSE:DVN) is an independent energy company that produces natural gas and oil. The company's operations are concentrated in various onshore areas in the United States and Canada. The 52-week range is $61.18 - $93.56. The P/E ratio of the company is at $4.76 and the EPS is $13.60. On August 1, the company’s stock opened the trading day at $80.14 and closed at $78.11. Throughout the month of August, the stock showed moderate gains and losses. On September 2, the company’s stock hit a $67 high and then closed at $62.33. Based on the following statistics I expect the price to appreciate in the future, coming close to its $93.56 52 week high.

Chesapeake Energy Corporation (NYSE:CHK), a competitor of Devon Energy Corporation, has a recorded 52 week high and low of $35.95 and $20.74, respectively. Since August 2, the stock has been declining rapidly, losing its value due to recessionary pressures. The EPS is $1.11 accompanied by a P/E of $27.27. Dividends are currently priced at $0.30 with a price/sales ratio of 2.18. I would recommend the stock of Devon Energy Corporation to be a buy based on its stability and expected price appreciation in the future.

Herbalife Ltd. (NYSE:HLF) sells weight and nutritional supplements through a network of approximately 2.3 million independent distributors, except in China, where the company sells its products at retail stores. On August 2, the stock hit $60.53 resulting in an increased volume of shares traded on that day. Since then the stock price has been consistent. The stock price has appreciated by $3.63 from a $52.34 low to a high of $55.97 between Sept 12 - Sept 14. The stock price is expected to appreciate or remain stable based on its past performance. I would recommend the stock as a definite buy based on its consistent price and high P/E indicating high investor’s expectations regarding the firm’s financial health.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Source: 5 Jim Cramer Stocks To Buy, 1 To Sell: Here's Why