Stock Search: Citigroup, General Electric
Stocks in New York were hammered Monday, and financials led the list of the top 10 most-searched stocks on
TheStreet.com
.
Shares of
Citigroup
(C) - Get Report
and
Bank of America
(BAC) - Get Report
fell after
Treasury Secretary Tim Geithner said
banks will probably need more bailout money. Citi is reportedly
for its Japanese brokerage unit,
Nikko Cordial
.
General Electric
(GE) - Get Report
was next. The company announced that the multiyear contract between GE Aviation and the U.S. Navy could be more than $1.5 billion. To see how Cramer is trading on this news email us
to his Action Alerts PLUS portfolio.
Next up was
AIG
(AIG) - Get Report
, which has
to partners in some of its real estate ventures.
General Motors
(GM) - Get Report
was also heavily searched after a weekend that saw the government force CEO Rick Wagoner to quit.
the auto industry will endure, but that GM and
Chrysler
might have to face bankruptcy.
Ford
(F) - Get Report
, for the time being, is in the clear, but the stock got dragged down with its competitors.
Home Depot
(HD) - Get Report
makes the list after Cramer initiated a new position in this stock as a housing recovery play for his Action Alerts PLUS Portfolio.
Another Cramer stock is next,
Johnson & Johnson
(JNJ) - Get Report
. He gave it a thumbs up on
Mad Money
saying it was one of the best drug companies out there.
Chevron
(CVX) - Get Report
is next. Shares of
were selling off today with the rest of the markets.
Rounding out the top 10 is
Apple
(AAPL) - Get Report
after rumors that iPhone and Skype would team up. Skype will release a version of its
for the iPhone. Reportedly, this move will be officially announced Tuesday.
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.
