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Cramer on Top Searched Stocks: Andarko

05/09/08 - 12:30 PM EDT


Updated from 9:27 a.m. EDT

Wall Street experienced a slight rebound this week in spite of the climbing price of oil. Thursday's upward move was due in part to a decent labor report, which showed that the number of newly laid off workers seeking unemployment benefits dropped much more than expected last week.

In addition, mega retailer Wal-Mart WMT saw a 3.2% boost in sales last month at stores opened for at least a year. Wal-Mart ended the day up 0.6% at $57.16, while competitor Target TGT fell 2% to $52.34 after saying its same-store sales increased in April by an amount that was less robust than analysts forecasted.

In more earnings news, Toyota's TM U.S.-traded shares fell 4% to $100.56. The Japanese auto maker said late Wednesday that profit in the January-March period tumbled 28% due to the rising yen and weak North American sales. Toyota also predicted sales will drop for the fiscal year through March 2009 for the first time in several years, and profit will fall 27%.

Top Ten Most Searched Stocks on TheStreet.com

The market has found somewhat of a range lately. While many pundits feel the worst is over, you do get the feeling that this market is still a bit jittery and on its heels waiting for any major news to confirm the next move.

With all of this news out there, we thought it made sense to take a look at Thursday's Top 10 Most Searched Stocks on TheStreet.com and find out what Jim Cramer's take has recently been on them.

These stocks could be in the news for a number of reasons. Some require immediate attention while others may not. But it never hurts to hear what Cramer (or any of the other professional investors on the site) has to say about them. The key is to gather as much information as you can in order to make the most informed investment decisions you can.

Despite oil and jobless claims leading all the headlines, we'll kick it off today with US Anadarko APC.

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