Date updated:06-05-2008
This portfolio gives Jim Cramer’s recent take on the Top 10 Most Searched Stocks on TheStreet.com from the prior trading day.

-
LMT
Lockheed Martin C - $102.62
- -2.28%
- $103.31
Cramer recently broke down in the post below how to play defense stocks into the election. “We've had some interesting pullbacks of late that are really worth highlighting. The defense stocks in particular -- not just because I just got off the USS Harry S Truman, a nuclear carrier -- seem ripe for the buying. We have seen a tremendous hammering in this group as if, somehow, the anointing of Obama means the winning of Obama and then somehow the vivisection of the Defense Department's budget. It's simplistic thinking. I believe that the stocks, as they go down, are excellent buys on cash flow and on a chance that the single most pro-defense presidential candidate since Scoop Jackson ran in the 1970s could be elected. This is one of those compelling risk/reward situations where you could find yourself picking up some Raytheon (RTN), Northrop Grumman (NOC ) or General Dynamics (GD) (Lockheed Martin (LMT) refuses to come in so is now my least favorite) and you can win either way. I think Obama has to tack extremely right to win, and the easiest way to do that is simply to call for a strong defense and ram it home by visiting defense plants and talking about the need for non-Iraqi strong defense elements. The propensity is to want to sell GD off, that as it is the most linked to Iraq with the exception of Alliant. But why not split the difference? I have been buying Raytheon ,and I think Northrop Grumman is terrific and in some ways L-3 Communications (LLL) might be best because it is the Democrats' defense company, with all of the homeland security counterterrorism plays. The Obama hoopla will die down, and I believe be replaced with pro-defense talk. This might be the moment to be buying this group or swapping out of LMT and into the other hard-hit ones. Then hold them into the election and be prepared to win either way!"

-
VSE
Verasun Energy Co - $1.85
- -11.90%
- $2.09
From a recent Mad Money show: "Oh man, I hate to be this negative. I don't want you sticking with that one."

-
UMBF
Umb Fin Cp - $52.15
- -6.04%
- $53.61
From a recent Mad Money show: "This thing sells at twice book and is one of the few regional banks that might be as good as Hudson City Bancorp (HCBK). I'm going to take a closer look at it."

-
AMZN
Amazon.com Inc - $65.23
- -2.64%
- $64.00
From a recent Mad Money show: "If it weren't a retailer, I'd be giving you the buy, buy, buy. I got off in the mid-$90s because it is a retailer. I think Amazon's dicey here. Take a little profit."

-
JBLU
Jetblue Airways C - $4.41
- -2.43%
- $4.43
From a recent Mad Money show: "If you own the stock, I want you to turn the channel. It is a terrible thing to own an airline and I find it unforgivable. I want you to either sell the stock or sell Cramer!"

-
CRBC
Citizens Republic - $3.04
- -13.14%
- $3.38
From a recent Mad Money show: "That's one of those banks that I think even if it recovered would not make you money. There's something else out there that is better to own than that one. Sell."

-
AAPL
Apple Inc - $98.14
- +1.10%
- $92.00
From a recent Mad Money show: "I like Apple. When I see that phone ship, I think that it's going to blow people away. I want you to scale into it."

-
MVL
Marvel Entertainm - $29.74
- -3.19%
- $30.45
From a recent Mad Money show: "I said people should take profits at $32, $33. I cannot get on the horse at $35 if I got off at $33. I should've stuck with it. I want, on a pullback, to stick with it.
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A. imagine a situations where the demand
for commodities falls more than the
dollar depreciating.
The Glossary of Economics Terms defines
deflation as occurring "when prices
are declining over time. This is the
opposite of inflation; when the
inflation rate (by some measure) is
negative, the economy is in a
deflationary period."
The article Why Does Money Have Value?
explains that inflation occurs when
money becomes relatively less valuable
than goods. Then deflation is simply the
opposite, that over time money is
becoming relatively more valuable than
the other goods in the economy.
A. small trading before thrusday
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