Cramer on Top-Searched Stocks: Lehman

Stock quotes in this article: SHLD , COST , LEH , PBR , PG , AIG , C  

Updated from 7:01 a.m. EDT

It goes without saying that most are feeling the crunch of soaring gas and food prices. That was the reason Sears Holding(SHLD Quote) reported a $56 million first-quarter loss. Sales of clothing, home appliances and products for lawn and garden care took a notable hit. Same-store sales fell 9.8% domestically. The loss didn't stack up well against expectations or when compared with adjusted profits of $1.15 a share in the same period last year.

The economic squeeze felt by consumers is not hurting all retail. Costco(COST Quote) says net income rose to $295.1 million, or 67 cents a share, from $224 million, or 49 cents a share, a year ago. The reults included a $30.3 million charge. The mega-retailer, employing more than 130,000, can attribute its third-quarter profit climb to penny-pinching consumers seeking deals on food and toiletries.

On the global front, the Organization for Economic Cooperation and Development and the U.N. Food and Agriculture Organization reported on Thursday that world food prices are set to fall from current peaks in the coming years but will remain "substantially above" average levels from the past decade. The report is based on a forecast of the cereals, oilseeds, sugar, meats, milk and dairy products markets for the period 2008 to 2017.

And we also witnessed a better-than-expected GDP number, coming in at 0.9% growth for the first quarter vs. the prior estimate of 0.6%. While not great, it certainly doesn't scream recession.

With all of this news out there, we thought we'd take a look at yesterday's most-searched stocks on TheStreet.com and find out what Jim Cramer has had to say about them recently.

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