Stock Search: Citigroup, BofA

As stocks surge, readers have their minds and eyes on the banks.
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Stocks surged Thursday as good news outweighed fears about the latest unemployment data due Friday.

Banks led the list of most-searched stocks on TheStreet.com.

Shares of

Citigroup

(C) - Get Report

,

Bank of America

(BAC) - Get Report

,

State Street

(STT) - Get Report

and

Wells Fargo

(WFC) - Get Report

were advancing after the Financial Accounting Standards Board voted to ease

mark-to-market accounting

rules.

Also, three of Japan's biggest banks are reportedly bidding for

Citi

's brokerage unit,

Nikko Cordial

.

In an interview with CNBC,

Bank of America

CEO Ken Lewis was optimistic about BofA's profitability and the overall economic outlook.

Lewis did say

that it would take multiple quarters for the company to pay back its government loans.

FTN Equity Capital

initiated coverage of State Street with a buy rating

General Electric

(GE) - Get Report

is teaming up with

Intel

(INTC) - Get Report

launching a

$250 million venture

to target the home health care market.

AIG's

(AIG) - Get Report

former CEO Hank Greenberg

testified

in front of the House Oversight and Government Reform Committee that the government was to blame for the failures at the insurance behemoth.

Next is

General Motors

. The car maker reported a

45% decline

in March auto sales which was better than expected.

Switching gears,

First Solar

(FSLR) - Get Report

is up. The stock slipped earlier in the week when

Barron's

reported that cheaper silicon will hurt the company's competitive advantage. On the positive side, the

Chinese government said

it would provide more support for its solar industry.

Apple

(AAPL) - Get Report

is next. The

Palm

(PALM)

Pre and its WebOS are putting heat on the iPhone. Also, competitor

Research In Motion

(RIMM)

reports on Thursday

.

Rounding out the list is

Pepsi

(PEP) - Get Report

. Cramer said on

Mad Money

that he wants to pull the trigger on this stock. To see how he's buying shares for his Action Alerts Plus Portfolio

for a free trial

now.

Alix joined TheStreet.com TV in February 2007. Previously, she held positions in film and theater production, management, and legal administration. Alix has a degree in communications and theater from Northwestern University.