By Stockpickr Staff
Posted on March 20, 2009

Is this simply consolidation after a strong rally off of March lows, or could we be headed back down?

Not much has changed in terms of fundamentals or, for that matter, psychology. The market simply seems to be reacting to news headlines and “overbought” and “oversold” technical levels.

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

In a recent post to his RealMoney blog, Cramer had this to say about Xerox (XRX):
“Sometimes it's so difficult to tell what industry is "giving it up," what businesses are plummeting, and what executives may have been too weak to see things coming.

"In a video I did with the always excellent Debra Borchardt today, we were kicking around the preannouncement of Xerox and the negative earnings surprise for Sony Ericsson and how much of the shortfalls were industry-related vs. execution. These are always subjective judgment, like a P/E is subjective, but to me Xerox is company-specific, a hobbled balance sheet and an executive team that has repeatedly failed to produce. Sure, the economy is a big factor, but a bigger factor is the endless miscues from the company itself.

"Sony-Ericsson also has struggled against some pretty voracious competitors, but here is one where I am more sanguine about the industry and would like to think that it is share-taking that's causing the problems, perhaps from a reinvigorated Nokia (NOK) and some other players making strides, perhaps LG and Apple's (AAPL) iPhone. I reached this conclusion because both Texas Instruments (TXN) and Qualcomm (QCOM) have been saying the right things about how inventories are depleted and orders are now more robust than they thought they would be.

"Often at this point in the cycle we are grading management's execution and wondering not only did they see it coming -- meaning they strengthened the balance sheet or laid off people ahead of time or cut inventories dramatically -- but have the toughness and the skill sets to manage during the worst downturn most people have ever seen in their lives.

"My take: Sony-Ericsson and Xerox don't have what it takes. Read nothing into them except that they simply can't shoot straight, and nothing more.”

For more of what Cramer's had to say about Friday's top-searched stocks, including Tiffany (TIF), Tetra Tech (TTEK), Whole Foods (WFMI) and International Paper (IP), 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 Qualcomm 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.