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 Quote) and
Rohm and Haas (ROH Quote). 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 Quote), Blackberry-maker Research In Motion (RIMM Quote) and Microsoft (MSFT Quote) contributing to the loss. Apple (AAPL Quote) and Hewlett-Packard (HPQ Quote)
were exceptions, both finishing up for the day.
Energy stocks were some of the best performers, including Exxon Mobil(XOM Quote), Chevron (CVX Quote) and Occidental Petroleum (OXY Quote), 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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