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TheStreet.com Power Stock Rankings

Patrick Schultz

1. E*Trade Financial(ETFC Quote - Cramer on ETFC - Stock Picks): E*Trade is the most recent victim of the mortgage maelstrom. The company's brilliant strategy to diversify its business away from pure brokerage services has backfired, crushing current shareholders. However, speculation of a possible takeout by Charles Schwab(SCHW Quote - Cramer on SCHW - Stock Picks) or TD Ameritrade(AMTD Quote - Cramer on AMTD - Stock Picks) has buoyed the stock. However, I would not put any new money into this name, as many investors remain fearful of further losses yet to be announced. -- HOLD

2. Google(GOOG Quote - Cramer on GOOG - Stock Picks): I said to lock and load on this name last week, and if you pulled the trigger, you have a nice gain of over $60. At this level, I would wait on market weakness (i.e., continual bad news from the financial or housing sector) to add to any Google position. -- BUY

3. Apple(AAPL Quote - Cramer on AAPL - Stock Picks): Same situation as Google. Apple made a nice run last week after being a victim of recent market weakness. I see no reason to "pay up," as the market environment will offer opportunities to buy this tech stalwart at lower levels. -- BUY

4. EMC(EMC Quote - Cramer on EMC - Stock Picks): This stock is down close to 30% in less than a month, with no change in fundamentals. I would be an aggressive buyer of the stock at these levels. -- BUY

5. Research In Motion(RIMM Quote - Cramer on RIMM - Stock Picks): I refer you to the notes on Google and Apple above. This is a great company in a tough overall market. Use weakness to your advantage. -- BUY

6. Cisco(CSCO Quote - Cramer on CSCO - Stock Picks): Last week, I said I would be an aggressive buyer of John Chambers and company below $29. I reiterate that stance today. -- BUY

7. Citigroup(C Quote - Cramer on C - Stock Picks): Citi is such a mess that I am beginning to think the U.S. Congress looks diligent and conscientious in comparison. But the million-dollar question (more like multibillion-dollar) question is -- Does the current stock price reflect all the problems? With Citigroup management insisting that the dividend is safe, I find value at these levels. -- BUY

8. Freeport McMoRan(FCX Quote - Cramer on FCX - Stock Picks): Commodity plays live and die by global economic growth, and FCX reflected this sentiment last week. The base metal traded down on higher inventory levels and macroeconomic fears of a potential U.S. slowdown or recession, and so did the stock. -- HOLD

9. Sirius Satellite Radio(SIRI Quote - Cramer on SIRI - Stock Picks): Everything hinges on federal regulatory approval for the proposed marriage with XM Satellite(XMSR Quote - Cramer on XMSR - Stock Picks). It is simply a waiting game. -- HOLD

10. Baidu(BIDU Quote - Cramer on BIDU - Stock Picks): A steep price correction that did not come unexpectedly. I would build back a position in this highflying China stock with any dip below $300 as the next buy level. -- BUY