Stockpickr

Return to Article

Cramer's Take on Top-Searched Stocks

Stockpickr Staff

The clouds have parted -- at least momentarily. Wall Street rallied on Wednesday and closed at a three-month high. And then we had some follow-through yesterday.

Stronger-than-expected quarterly results from big names such as Wells Fargo(WFC Quote) JPMorgan Chase(JPM Quote) and United Technologies(UTX Quote) offered investors some reassurance about the health of the economy. Merill Lynch(MER Quote) also rallied hard on earnings. Results on Thursday suggest that investors had arguably been overly bleak in their assessment of the economy.

Coca-Cola's(KO Quote) second-quarter profits dropped 23%; however, the company attributes this to a one-time change related to its bottler. Coca-Cola's revenue rose 17% to $9.05 billion from $7.73 billion a year earlier.

Meanwhile, crude oil prices fell for a third consecutive day on Thursday. Some are arguing that the drop can be attributed to a slowing U.S. demand. Despite the three-day slide of over $17 a barrel in floor trade, prices remain about 75% above where they were a year ago and up about 35% from the start of the year.

With this in mind, we thought we'd take a look at Thursday's most-searched stocks from TheStreet.com, which include Bank of America(BAC Quote) and Vale(RIO Quote), and see what Cramer's had to say about them recently.

To read the rest of the story, and to find out which stocks Cramer thinks will survive this market and which will go under, please click here.