Cramer's Take on Top-Searched Stocks

Here's what Jim Cramer's had to say about Wachovia.
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Updated from 7:08 a.m. EDT

Oil, the election and the hurricanes have taken a back seat, and all eyes are upon our nation's leaders. Washington is scrambling to reach a compromise on the $700 billion bailout of the sinking finance industry.

In the meantime, the Labor Department came out with a report on Thursday that was anything but rosy. New claims for unemployment benefits jumped last week to their highest level in seven years due to the impact of a slowing economy and Hurricanes Ike and Gustav.

The market was up, though, on anticipation of this bailout. Stocks leading the way included

General Electric

(GE) - Get Report

,

Pharmacopeia

(PCOP)

,

Oracle

(ORCL) - Get Report

and

Cisco

(CSCO) - Get Report

.

But is it this simple? Finalize the bailout and all else is fine?

With this in mind, we take a look at some of the stocks people are searching for on

TheStreet.com

, such as

Wachovia

(WB) - Get Report

and

Exxon

(XOM) - Get Report

, and see what Jim Cramer's had to say about them recently.

Visit Stockpickr to read more and find out what Jim Cramer thinks.

(Editor's note: At the time of publication and/or original publication of his posts and shows, Cramer owned Cisco and General Electric for his Action Alerts PLUS charitable trust.)

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