Cramer's Take on Top 10 Most Searched Stocks from 4-24-08
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Date updated:04-24-2008

This portfolio gives Jim Cramer’s recent take on the Top 10 Most Searched Stocks on TheStreet.com from the prior trading day.

symbol name last price % change open
  • +
  • FSLR
    First Solar
  • $253.65
  • +2.34%
  • $246.12

On a recent Mad Money episode, Cramer said that environmental “green plays” have been solid plays because of high oil prices. "We correctly anticipated that oil would be up huge, $125 is still our price target," he said. "It's high oil prices that have driven up everything related to clean energy. This is the trend behind the trend. I don't think it's going away." Cramer has backed a number of these “green plays” and First Solar has been the biggest winner, up 350%+ over the last year. "I have been the strongest backer of this stock out there, and I remain so," he said. "It will be the standard of this country no matter which presidential candidate wins, as it already is the standard in Germany." He is still a strong believer in FSLR as he believes its ability to produce panels in a cost effective manner (without using silicon) will allow it to continue to hit its numbers. "I think this is to solar what Intel (INTC) was to chips," he added.

People owning FSLR also tend to own: CNXTEWZIFNIFUE.OBMMCAAPLADM

TheStreet.com Rating: C- What is this?

  • +
  • EP
    El Paso Corporati
  • $20.56
  • -4.37%
  • $21.39

Cramer recently touted El Paso Energy (EP), a stock which he owns for his charitable trust, Action Alerts PLUS, as his new natural gas play. El Paso owns and operates the largest natural gas pipeline in the U.S. and also operates in Brazil, Asia, Central America, and South America. Cramer feels the company’s true value has been lost on the investment community due to the different operating segments of the business: exploration and production on one hand and pipeline on the other. There has been rumors of a break-up of these 2 segments which could unlock serious value in the share price. Cramer doesn’t believe this is necessary but does feel it is a big reason the stock has grossly underperformed by nearly 10x in its sector year to date. He pointed out that both business units are stronger than ever and investors need to take note now. The company certainly has as witnessed by the heavy insider buying of late. Cramer ended by saying flatly: "El Paso is the cheapest natural gas play out there.”

People owning EP also tend to own: AIGAMGNBRK-ACMCSKCOFCOPCSCO

TheStreet.com Rating: B What is this?

  • +
  • RIO
    Companhia Vale Ad
  • $32.08
  • -0.77%
  • $32.28

From week of 4-21-08: Vale do Rio Doce (RIO): "BHP Billiton (BHP) and Rio. These stocks cannot be contained by gravity." Cramer was also bullish on Freeport McMoRan (FCX).

People owning RIO also tend to own: ALBAPDARJBHPBLLDOWFCX

TheStreet.com Rating: B What is this?

  • +
  • CAT
    Caterpillar Inc
  • $70.31
  • -0.16%
  • $70.03

From week of 4-21-08: Caterpillar(CAT): "Caterpillar is going to blow its numbers away for the next year or two."

People owning CAT also tend to own: AIGALLBACCCBSCOPCVX

TheStreet.com Rating: A What is this?

  • +
  • HAS
    Hasbro Inc
  • $34.89
  • +1.19%
  • $34.94

From week of 4-21-08: Hasbro (HAS): "That was one beautiful quarter. I am telling you right now this is the beginning of a major Hasbro move. They are doing everything right at Hasbro." Cramer said "no thank you" to rival Mattel (MAT).

People owning HAS also tend to own: AHMAIZALBAMPAVTAXCABBI

TheStreet.com Rating: A What is this?

  • +
  • T
    At&t Inc.
  • $32.58
  • -0.94%
  • $32.95

From week of 4-21-08: AT&T (T): "That was a terrific quarter. That stock deserves to trade at $40. I continue to recommend it."

People owning T also tend to own: ACEBACCCBCOPCVXDIS

TheStreet.com Rating: B What is this?

  • +
  • AAPL
    Apple Inc
  • $170.12
  • +1.15%
  • $169.59

From week of 4-21-08: Apple (AAPL): "I am a buyer of Apple. No one has a clue about this company. Don't buy ahead of the quarter, but if it pulls back, pull the trigger."

People owning AAPL also tend to own: AMDCSCODELLGOOGIBMINTCMSFT

TheStreet.com Rating: B What is this?

  • +
  • XOM
    Exxon Mobil Cp
  • $88.27
  • +0.98%
  • $87.97

From week of 4-21-08: Exxon Mobil (XOM): "I think Exxon is at a 52-week high, so maybe take some profits, but I still like the company. Exxon is pretty hard to beat."

People owning XOM also tend to own: AAAIGIBMINTCJNJJPMKO

TheStreet.com Rating: A+ What is this?

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