Updated from 7:03 a.m. EST

New-home sales in December were the lowest on record dating back to 1963, according to the Commerce Department. The overall results of 2008 for new-home sales were the weakest since 1982.

Meanwhile, the Labor Department reported that the number of Americans continuing to claim unemployment insurance for the week ending Jan. 17 rose to a seasonally adjusted 4.78 million. This is the highest on record dating back to 1967. As a proportion of the work force, the total is the highest since August 1983.

Not surprisingly, all this gloomy news made for a somber mood on Thursday on Wall Street.

Eastman Kodak


reported that it will slash 3,500 to 4,500 jobs, or 14% to 18% of its work force, after posting a $137 million quarterly loss on plunging sales of photography products. Likewise,

Ford Motor

(F) - Get Report

reported a fourth-quarter loss of $5.9 billion and said its credit arm would cut 20% of its work force, or 1,200 jobs.

With this in mind, we thought we'd take a look at some of the stocks people have been searching for on



Wells Fargo

(WFC) - Get Report

) and see what

Jim Cramer's had to say about them lately


To read more,

visit Stockpickr.com


In Friday trading, Wells Fargo closed at $18.90 per share (up 0.64% for the day; up 19.09% for the week; down 35.89% year-to-date).

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

Stockpickr is a wholly owned subsidiary of TheStreet.com.