Cramer's Take on Top-Searched Stocks
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.
(GOOG)
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)
and
General Motors
(GM)
, 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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