Cramer's Take on Top-Searched Stocks
Updated from 9:21 a.m. EST
The Bank of England and the European Central bank both cut interest rates on Thursday, but that has largely been viewed as not enough.
Then the Labor Department reported that the number of out-of-work Americans continuing to draw unemployment benefits has surged to a 25-year high.
But at least one retailer is already feeling the holiday cheer. The world's largest retailer,
Wal-Mart
(WMT) - Get Report
, posted a 2.4% gain in same-store sales, better than the 1.6% gain projected by analysts surveyed by Thomson Reuters. This could be good news for retailers banking on solid holiday sales, including
Best Buy
(BBY),
Circuit City
(CC) - Get Report
,
RadioShack
(RSH)
,
Children's Place
(PLCE) - Get Report
and
Ross Stores
(ROST) - Get Report
.
With this in mind, we thought we'd take a look at some of the stocks people were searching for on
TheStreet.com
on Thursday, including
Marathon Oil
(MRO) - Get Report
and
JPMorgan
(JPM) - Get Report
, and see what
Jim Cramer's had to say about them
.
To read more,
.
(Editor's note: At the time of publication and/or original publication of his posts and shows, Cramer owned Bristol-Myers, Chevron, Johnson & Johnson, JPMorgan and Wal-Mart for his Action Alerts PLUS charitable trust.)
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