Stockpickr
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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