Cramer's Take on Top-Searched Stocks

Updated from 7:09 a.m. EDT

Disappointing economic news released on Thursday created a dismal atmosphere, with the Dow Jones plunging more than 300 points.

Many of the nation's retailers said shoppers cut back on spending last month due to higher gas and food prices. Retailers such as J.C. Penney(JCP Quote - Cramer on JCP - Stock Picks) and Gap(GPS Quote - Cramer on GPS - Stock Picks) reported significant losses, despite its being back-to-school retail season.

The gloomy news continued with the Labor Department reporting higher-than-expected numbers for jobless claims. It was reported that new applications for unemployment insurance rose by 15,000 from the previous week.

If consumers didn't buy their back-to-school items at Abercrombie & Fitch(ANF Quote - Cramer on ANF - Stock Picks) or Wet Seal(WTSLA Quote - Cramer on WTSLA - Stock Picks) (both of which posted losses), where were they spending their hard-earned cash?

Wal-Mart(WMT Quote - Cramer on WMT - Stock Picks), of course. Wal-Mart Stores, the world's largest retailer, beat Wall Street projections. It reported a solid 3% gain in same-store sales, helped by sales of groceries and back-to-school products.

So with blood in the street, where do we go from here?

With this in mind, we thought we'd take a look at Thursday's most-searched stocks on TheStreet.com, including Citigroup(C Quote - Cramer on C - Stock Picks) and MGM Mirage(MGM Quote - Cramer on MGM - Stock Picks), and find out what Jim Cramer's had to say about them recently.

To find out and to get Cramer's take on it all, please click here.