Cramer on Top Searched Stocks: Wal-Mart

Cramer laid out his latest view on Wal-Mart in a May 13 post on his RealMoney.com blog:

"Wal-Mart's right. Stop freaking out.

The company is conservative. This is the moment where Wal-Mart shines, and the company has gone through a period where it forecasted way too high for a long time -- they aren't going to let that happen again.

One of my major problems with Wal-Mart in the last few years was that they kept saying things were better than they turned out to be. That's why I believe that you have to take their guidance with an ounce of UPOD (underpromise and overdeliver).

Lee Scott has done some remarkable things since he realized that the company was losing its lead to others. He's made the stores better and made you feel "richer" when you go. As someone who likes to shop at Target (TGT Quote), Costco (COST Quote) and Wal-Mart, the last one has changed. Meanwhile, the prices are ridiculously cheap and the stores are everywhere. Is there anything better right now than being the cheapest and one of the best in both foods and hard goods?

Wal-Mart should be bought on this weakness. You just got another great chance."

Next on the list is Apple (AAPL Quote).