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Cramer's Take on Top-Searched Stocks

Stockpickr Staff

01/15/09 - 01:04 PM EST
Updated from 8:03 a.m. EST

Another day, another 3% lost in the markets. For the sixth straight session, major indices slid as investors were faced with more bad news.

The Commerce department reported that retail sales were down 2.7% for December, more than twice the expected 1.2% forecasted by analysts. Job losses and credit limitations were blamed for the reduction in consumer spending.

Financial stocks were the biggest losers of the day, particularly banks. Duetsche Bank(DB Quote) dropped by more than 9% after announcing it would post a fourth-quarter loss, while HSBC(HBC Quote) and Bank of America(BAC Quote) took hits after analysts expressed concerns. But Citigroup(C Quote) was hit the hardest, tumbling 23% and dropping below $5 a share as more investors lost confidence in the company.

With this in mind, we thought we'd take a look at some of the stocks people have been searching for on TheStreet.com, including Norfolk Southern(NSC Quote), Kroger(KR Quote) and Corn Products International(CPO Quote), and see what Jim Cramer's had to say about them lately.

To read more, visit Stockpickr.com.

(Editor's note: At the time of publication and/or original publication of his posts and shows, Cramer owned Bristol-Myers for his Action Alerts PLUS charitable trust.)


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