Cramer's Take on Top-Searched Stocks
Stockpickr Staff
12/30/08 - 12:31 PM EST
Stocks finished down Monday as heightened geopolitical concerns and
continued worries over a weakening global economy dominated headlines.
Two of the session's biggest losers were
The Dow Chemical Company (DOW) and
Rohm and Haas (ROH). Both stocks fell after Kuwait's government announced they were pulling out of the joint venture with Dow Chemical. Low oil
prices and global financial concerns were sited as reasons.
Meanwhile, the
Nasdaq dropped 19.92 points with large-cap tech stocks such as
Cisco (CSCO), Blackberry-maker
Research In Motion (RIMM) and
Microsoft (MSFT) contributing to the loss.
Apple (AAPL) and
Hewlett-Packard (HPQ)
were exceptions, both finishing up for the day.
Energy stocks were some of the best performers, including
Exxon Mobil(XOM),
Chevron (CVX) and
Occidental Petroleum (OXY), as oil
climbed on Middle Eastern supply concerns.
So what does Jim Cramer think of all this and where does it leave investors?
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