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) - Get Report
would buy
Wachovia
(WB) - Get Report
in a $15.1 billion deal. One thing is clear: Warren Buffett is like a kid in a candy store, picking up
Goldman
(GS) - Get Report
,
General Electric
(GE) - Get Report
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) - Get Report
,
Pfizer
(PFE) - Get Report
and
Vale
(RIO) - Get Report
, while big losers included
Citigroup
(C) - Get Report
,
JPMorgan
(JPM) - Get Report
and
Bank of America
(BAC) - Get Report
.
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) - Get Report
and
Eastman Kodak
(EK)
, 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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