Cramer's Take on Top-Searched Stocks

09/08/08 - 11:45 AM EDT

Stockpickr Staff

Updated from 8:03 a.m. EDT

The Southeast wasn't the only place to get rained upon. The Labor Department reported on Friday that the U.S. unemployment rate unexpectedly shot up to 6.1% in August to its the highest point in nearly five years, as employers cut payrolls for the eighth-straight month and as the decline in labor markets accelerated. Approximately 84,000 jobs were lost in August.

It was ugly early on, with stocks plunging, but the market made a nice recovery as oil prices continued to drop. Traders are on alert that Americans might keep paring back their energy use to save money.

Meanwhile, one 10-year-old recently had a great birthday party. Google(GOOG Quote - Cramer on GOOG - Stock Picks) turned 10 on Sept. 7. Started by Larry Page and Sergey Brin in 1998, the company now draws upon a gargantuan computer network boasting nearly 20,000 employees and a $150 billion market value. Happy birthday, Google!

But Google, along with most other names, is looking for a bounce.

With this in mind, we thought we'd take a look at Friday's top-searched stocks on TheStreet.com, including Procter & Gamble(PG Quote - Cramer on PG - Stock Picks) and General Motors(GM Quote - Cramer on GM - Stock Picks), and find out what Jim Cramer's had to say about them recently.

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

(Editor's note: At the time of publication and/or original publication of his posts and shows, Cramer owned Procter & Gamble, Costo and Wal-Mart for his Action Alerts PLUS charitable trust.)

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