Patrick Schultz
During the week of Dec. 30, TheStreet.com readers searched for these 10 stocks more than any others. This week, newly public Netsuite(N Quote - Cramer on N - Stock Picks) joins the list as investors seek answers to its recent price action. Below, research associate Patrick Schultz makes the buy, sell or hold call on them below, in the order of their popularity.
1. Citigroup(C Quote - Cramer on C - Stock Picks): A fresh new week brings a fresh new low for the House of Pain, also know as Citigroup. I don't think I could have been any more negative recently on this name. There will be a time and place to buy this name. Unfortunately, it is not here, and it is definitely not now. -- SELL
2. Apple(AAPL Quote - Cramer on AAPL - Stock Picks): The market got creamed since the New Year and not even heroic AAPL could withstand the onslaught of selling. Use the market ugliness to buy and better your cost basis. This is one of the few stocks that I would buy aggressively. -- BUY
3. Wells Fargo(WFC Quote - Cramer on WFC - Stock Picks): I admire John Stumpf for describing the current housing market as it is. He stated in a recent speech, "We have not seen a nationwide decline in housing like this since the Great Depression." Great Depression? Yikes. His candor is appreciated and now I know that WFC will be one of the first to bounce after the financials recover. Unfortunately, I don't see a recovery yet. -- SELL
4. EMC(EMC Quote - Cramer on EMC - Stock Picks): We quickly lost the tech sector with the start of 2008. Multiple downgrades of Intel(INTC Quote - Cramer on INTC - Stock Picks) set a poor tone that spilled over into the whole sector with EMC being no exception. I like this stock at the deeply discounted levels the market is offering. -- BUY
5. Countrywide Financial(CFC Quote - Cramer on CFC - Stock Picks): If you are thinking of buying this stock, here is what you should do. Go and find the closest brick wall. Then, bang your head against it. Buying CFC here will feel as good as doing that. -- SELL
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