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Cramer on Top Searched Stocks: Andarko

Stockpickr Staff

Wall Street experienced a slight rebound this week in spite of the climbing price of oil. Thursday's upward move was due in part to a decent labor report, which showed that the number of newly laid off workers seeking unemployment benefits dropped much more than expected last week.

In addition, mega retailer Wal-Mart WMT saw a 3.2% boost in sales last month at stores opened for at least a year. Wal-Mart ended the day up 0.6% at $57.16, while competitor Target TGT fell 2% to $52.34 after saying its same-store sales increased in April by an amount that was less robust than analysts forecasted.

In more earnings news, Toyota's TM U.S.-traded shares fell 4% to $100.56. The Japanese auto maker said late Wednesday that profit in the January-March period tumbled 28% due to the rising yen and weak North American sales. Toyota also predicted sales will drop for the fiscal year through March 2009 for the first time in several years, and profit will fall 27%.

The market has found somewhat of a range lately. While many pundits feel the worst is over, you do get the feeling that this market is still a bit jittery and on its heels waiting for any major news to confirm the next move.

With all of this news out there, we thought it made sense to take a look at Thursday's Top 10 Most Searched Stocks on TheStreet.com and find out what Jim Cramer's take has recently been on them.

These stocks could be in the news for a number of reasons. Some require immediate attention while others may not. But it never hurts to hear what Cramer (or any of the other professional investors on the site) has to say about them. The key is to gather as much information as you can in order to make the most informed investment decisions you can.

Despite oil and jobless claims leading all the headlines, we'll kick it off today with US Anadarko APC.

In a Real Money.com blog post on May 6, Cramer was all about Anadarko as well as other players in the space.

"Marcellus Shale. Ghana. Brazil. Wherever the oil and gas is. Wherever the chances to boost output.

That's Anadarko.

Fifteen percent growth or higher for many years. That's Anadarko.

Creating value for shareholders. That's Anadarko.

IPO of Western Gas. That's Anadarko.

And more important, it is not Exxon Mobil XOM.

Anadarko is one of six companies, including Apache APA, Southwestern SWN, XTO Energy XTO, Chesapeake CHK and Devon DVN (El Paso EP is threatening to join them!) that are believers.

These companies recognize that natural gas is the fuel of the future, the cleanest of the logical baseline (non-peak, everyday worker energy) fuels -- coal, oil and Natural gas. These companies know what a joke ethanol is. They know that the politicians are more focused on clean renewables that use more energy than they make.

I am adamant that this is the year of natural gas. And I simply won't stop. These producers, and those who drill for natural gas, are electric.

They are the best place to be."

For the more opinions on Thursday's top searched stocks, including Sirius SIRI and AMD AMD, check out Cramer's Take on Top 10 Most-Searched Stocks From May 8.