The markets rose sharply on Tuesday, pulling away from 12-year lows even after a new report showed that consumer confidence plunged to a record low in February. But this mini-rally hardly eases any pain on Wall Street. Amid investors’ worries about the economy in general and the faltering banking system, the Dow has fallen 1,100 points since Feb. 9.

In stocks, two of the nation’s major retailers are feeling the doubt that consumers are experiencing. Macy’s (M) saw its profit drop almost 59% during the three months ended Jan. 31, posting earnings of $310 million, or 73 cents a share. A year prior, the company earned $750 million, or $1.73 a share.

Meanwhile, discount retailer Target (TGT) saw its profit plunge 41% in the fourth quarter. The retailer said it earned $609 million, or 81 cents a share, in the quarter ended Jan. 31 compared to $1.03 billion, or $1.23 a share, in the year-ago period.

With this in mind, we thought we'd take a look at some of the stocks people have been searching for and see what Jim Cramer's had to say about them lately.

These stocks could be in the news for a number of reasons. Some require immediate attention while others may not. Regardless, it never hurts to hear what Cramer (or any of the other professional investors on the site) has to say about them. The key is to gather as much information as you can in order to make the most informed investment decisions you can.

Despite the nice up day led by Citigroup (C), Wells Fargo (WFC) and Fifth Third (FITB), we'll kick it off with Cramer's take on a rare growth story:

“We've got a battle royal going on in Netflix (NFLX), the company on the Nasdaq that may have the single best momentum of any entity, especially since the slowdown of Research In Motion (RIMM) and the possible ad slowdown for Google (GOOG).

"The thesis in favor of Netflix is simple: People are staying at home. The best ways to get home entertainment are games -- hence why GameStop (GME) has such a good quarter -- and mailed videos, which is Netflix's bailiwick.

"Netflix is a shrewd operator that has taken on and beaten Blockbuster (BBI), Wal-Mart (WMT) and even Amazon (AMZN), which is the greatest marketing machine of our lifetime. The growth, as even the bears admit, is accelerating, and the recent deal with Microsoft (MSFT) Xbox 360 and TiVo (TIVO) just make the situation even more robust for the company. The streaming Xbox service, just introduced two months ago, is on fire.

"Estimates, most importantly, are too low. I wish I had more companies that I can say that about. Actually, it is the only company that I can say that about.

"But it has also attracted a tremendous bear following because of its huge multiple, an average of 22 times next year's earnings.

"That's too large for some of the analysts who write about the stock. I have written and addressed this tug-of-war here and on 'Mad Money.' Today a new analyst is heard from, Nat Schindler, from Bank of America/Merrill who starts coverage with an underperform.

"What's curious about the sell recommendation is that even Schindler is saying 'near term Street estimate too low,' but he quickly adds 'but long-term too high.'

"The crux of the issue: The new streaming service through Xbox 360 is coming in at the low-end of pricing and will have more churn, which means that margins could ultimately be going down.

"I come out decidedly in the bullish camp here. The short side is not as nearly as big as it once was as a ratio, 15 million shares over a float of 56 million. That won't propel things on a better quarter, as the shorts are totally entrenched. But I do believe that this market is very short-term oriented, and therefore the stock will rally until the quarter is printed in April.

"I say go with the bulls. The market plus this piece of research banged the stock down to levels where I want to start accumulating the stock for the April quarter as this is the last pure growth story in town!”

For the rest of Cramer's take on yesterday's Top most searched stocks, including Caterpillar (CAT) and Alcon (ACL), check out the Cramer's Take portfolio on Stockpickr.

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

P.S. Where is Cramer putting his own money? Take a free peek at his personal portfolio to see all his buys and sells by clicking here. When you do, Jim will also send you exclusive email alerts telling you everything he's about to add to or shed from his Action Alerts PLUS portfolio -- before he makes his trade.