Cramer's Take on Top-Searched Stocks
Updated from 7:07 a.m. EDT
Credit markets remained strained while stocks remained volatile on Friday, trying to figure out which way this market would go with the approved bailout plan.
The one obviously bullish sign on Friday was the fact that
Wells Fargo
(WFC)
would buy
Wachovia
(WB)
in a $15.1 billion deal. One thing is clear: Warren Buffett is like a kid in a candy store, picking up
Goldman
(GS)
,
General Electric
(GE)
and now Wachovia for what he thinks are deep value prices (and he is rarely wrong).
Also making headlines was Friday's report from the Labor Department, indicating that the nation's unemployment rate held steady at 6.1% as hundreds of thousands of people streamed out of the work force for any number of reasons.
Stocks responding well included
Cisco
(CSCO)
,
Pfizer
(PFE)
and
Vale
(RIO)
, while big losers included
Citigroup
(C)
,
JPMorgan
(JPM)
and
Bank of America
(BAC)
.
But where does this bailout take us?
With this in mind, we thought we'd take a look at some of the stocks people have been searching for on
TheStreet.com
, including
Macy's
(M)
and
Eastman Kodak
undefined
, and see what Jim Cramer's had to say about them recently.
To find out what Cramer thinks,
.
(Editor's note: At the time of publication and/or original publication of his posts and shows, Cramer owned Cisco, General Electric, Goldman Sachs, and JPMorgan for his Action Alerts PLUS charitable trust.)
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