Cramer's Take on Top-Searched Stocks
Stockpickr Staff
02/17/09 - 02:26 PM EST
Updated from 9:13 a.m. EST
The markets got a holiday break Monday after the
Dow shed 5.2% last week. The bulk of last week's loss was attributed to Wall Street's reaction to the lack of detail in Treasury Secretary Tim Geithner's "bad bank" plan.
So, what can we expect in the holiday-shortened trading week?
Investors will continue to watch Washington as President Obama is expected to sign the stimulus plan into law and more detail on the administration's plan to deal with the foreclosure crisis will be announced.
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
Transocean (RIG Quote)) and see what
Jim Cramer's had to say about them lately.
To read more,
visit Stockpickr.com.
In afternoon trading, shares of Transocean were recently trading at $56.41(down 6.2% for the day; up over 19% year-to-date).
Who's on Stockpickr Answers? Throughout the trading week on
Stockpickr Answers, investing professionals respond to questions posed by members of the Stockpickr community. This week's pro lineup includes
Dan Fitzpatrick and
David Peltier. For this week's full schedule,
visit Stockpickr.com.