Cramer's Take on Top 10 Most Searched Stocks from 7-22-08
1813 views
Rate Now: 1 2 3 4

average rating: 0.00 / 0 ratings
Created by sarah z
DESCRIPTION:

Date updated:07-22-2008

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
  • +
  • RIG
    Transocean Ltd
  • $83.80
  • -1.67%
  • $84.83

Cramer thinks the rigs could be your best energy-trade platform as he points out in the post below: “Now that the smoke has cleared on the oil and gas stocks and they are viewed as having some upside at last, it is time to consider what happened during the big selloff. First, the cost of renting a rig went up. That's right, it went up. You probably didn't even notice it, but the Brazilians, which had shunned deepwater drilling that needs Transocean (RIG) rigs, came back in and came back in big. The analysts weren't oblivious, they talked about how RIG will have too much cash and will have to find creative ways to return it to shareholders. Meanwhile, you saw the article about Freeport-McMoRan (FCX) drilling deep, again something that, if it hit, would need more Transocean drilling platforms. You also got a monster quarter from Lufkin (LUFK), something nobody seemed to care about, even as this largely oilfield pumping unit company is really an important part of the deepwater drilling complex. Finally if there is so much drilling to be done and so few rigs, you can bet that National Oilwell Varco (NOV) is going to outperform, and there were a number of number-bumps in that name during the selloff. Again, none of this mattered during the free-fall period. It will matter during this selling respite. The only concern I have about this group in the near term is that there are a lot of people buying the stocks off of tropical storm opportunities. That's just an awful group of shareholders, so be aware of that cohort of potential sellers.”

People owning RIG also tend to own: GSFHPNBRAAPLADBEBBYCMCSA

TheStreet.com Rating: B- What is this?

  • +
  • WIN
    Windstream Corp
  • $10.05
  • +0.20%
  • $10.03

From a recent Mad Money show: "I love a good dividend. Windstream's got good management and a good yield, I'm a buyer of telco's with good dividends. I like Centurytel (CTL) and Verizon (VZ), too."

People owning WIN also tend to own: ALDBMYCNEDSXGAINGOODHTE

TheStreet.com Rating: B What is this?

  • +
  • OSK
    Oshkosh Cp
  • $37.97
  • -3.04%
  • $38.87

From a recent Mad Money show: "That was such a bad quarter. I need to see at least a few good ones before we can pull the trigger there."

People owning OSK also tend to own: AESBERODPPGHTXUWLPASD

TheStreet.com Rating: D What is this?

  • +
  • MMM
    3m Company
  • $76.64
  • -0.79%
  • $77.22

From a recent Mad Money show: "This one astonishes me. I know we're in a bear market, but I say buy in slowly. These are great American companies. They're well run and have good balance sheets."

People owning MMM also tend to own: AAADPAVPBACBRK-BBUDCSCO

TheStreet.com Rating: B What is this?

  • +
  • NXY
    Nexen Inc
  • $24.42
  • -2.24%
  • $24.55

From a recent Mad Money show: "This has been a major over-reaction in the natural gas stocks. I reiterate my buy on the way down. We'll take profits later, but the stocks are too cheap right here."

People owning NXY also tend to own: AEBHPBRK-BDVNGGGSMT

TheStreet.com Rating: C What is this?

  • +
  • AAPL
    Apple Inc.
  • $199.92
  • -0.29%
  • $198.33

From a recent Mad Money show: "I am not a buyer of Apple here. I said to take profits before; I am not a buyer of tech right here."

People owning AAPL also tend to own: AMDCSCODELLGOOGIBMINTCMSFT

TheStreet.com Rating: B+ What is this?

  • +
  • OTTR
    Otter Tail Corpor
  • $23.22
  • -0.81%
  • $23.38

From a recent Mad Money show: "This is a wind power stock and I'm bullish on wind power. But this one has gone up huge and I think we need to take our profits now."

People owning OTTR also tend to own: BBBBBMRNCABEPIQFDCFLMLHRB

TheStreet.com Rating: C What is this?

  • +
  • APP
    American Apparel
  • $3.08
  • -1.91%
  • $3.12

From a recent Mad Money show: "Listen, I've hated it ever since it became public. I feel strongly that it shouldn't have gone public. I don't like the company."

People owning APP also tend to own: APCAUYAVNXBMDCBICOLMCOV

TheStreet.com Rating: D What is this?

previous next

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

Cramer's Take on Headline Stocks...

Not a Stockpickr member? Join the community today -- for free.Regardless of why a stock is in the news, it never hurts to hear what a professional investor has to say about...

11.20.09 | 11:48 AM
Jim Cramer's Portfolios of the Week

By Roberto Pedone Posted on Nov. 20, 2009 According to Jim Cramer, options expiration is driving the current market selloff. He pointed out that the only stocks that we...

11.20.09 | 08:09 AM
'Fast Money' Portfolios of the Week

By Roberto Pedone Posted on Nov. 19, 2009 According to CNBC’s “Fast Money” traders, the stock market is showing no signs of stopping its current bull run. Joe Ter...

11.19.09 | 11:13 AM
Squeezing the Shorts: Earnings G...

By Jonas Elmerraji Posted on Nov. 18, 2009 There are plenty of reasons for stocks to have the attention of short-sellers. Waning financials, a deteriorating business mo...

11.18.09 | 12:36 PM
more articles
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
48 years old, IN debt, college w...
11.21.09 | 07:51 AM From author schmls
Gloomy Bear Blood Dripping Corner
02.02.09 | 09:25 AM From author Madeleine
more forums
today 's lists
52-Week Highs

Here are some of the biggest stocks that made the 52-week high list on Nov. 20, 2009. more

Dogs of the Dow

Here are the 10 stocks in the Dow Jones Industrial Average stocks with the highest yields as of the market close on June 2, 2009. more

Analyst Upgrades

Analyst Upgrades or Estimate Increases for Nov. 20, 2009. Read more here. more