Cramer's Take on Top 10 Most Searched Stocks from 7-24-08
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Date updated:07-24-2008

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
  • +
  • BAC
    Bk Of America Cp
  • $15.05
  • -0.53%
  • $14.94

“Bank of America's (BAC) just blowing me away at this point. Maintains dividend, announces buyback. Amazing. Each day, when the financials look like they are going to roll over, we get news like this that stops you right in your tracks. A buyback? That's incredible. It makes you ask yourself, "What the heck happened here? Did BAC really put the problems in the past? Did we just find out that housing has already bottomed?" I have to tell you that when I read the statements of BAC, I have to believe that housing has to be bottoming within the next six to nine months. It is inconceivable that anything else can be true; there is no other explanation for this level of bullishness from this bank ... unless they have lost their minds! When Bank of America said things were OK a couple of days ago, we then got hit with the embarrassment that was American Express' (AXP) horrid earnings. Lots of people thought the rally had to be over. Nope. Then when Wachovia (WB) reported that horrible quarter and the stock traded down to $11, I heard the rally was over. Nope. Then when Washington Mutual (WM) gave its forecast, people said the rally was over. Nope. Now we get the BAC news at the same time that oil remains in free fall. It's not over. Most of the people who run long-short money wish it were over. Why? So they can buy the financials, that's why. They want to join the party. And they can't get in.”

People owning BAC also tend to own: AAPLGOOGINTCMSFTRACKCFCASH

TheStreet.com Rating: C- What is this?

  • +
  • CI
    Cigna Cp
  • $30.88
  • +1.45%
  • $29.73

From a recent Mad Money show: "That's one of the best in the group. They're buying back a lot of stock and I'd be a buyer."

People owning CI also tend to own: AIGEGYSIRICHKDVNFCXGS

TheStreet.com Rating: C+ What is this?

  • +
  • SBAC
    Sba Communication
  • $29.93
  • +1.46%
  • $29.36

From a recent Mad Money show: "I've been behind wireless towers for awhile now. I like the business and I'd be a buyer."

People owning SBAC also tend to own: ALXNAVNRBCRXCORDCGNDSCOEXEL

TheStreet.com Rating: C What is this?

  • +
  • NHWK
    Nighthawk Radiolo
  • $5.15
  • 0.00%
  • $N/A

From a recent Mad Money show: "No, we've been bearish since the CEO was one. The business is not proprietary. I want to stay away."

People owning NHWK also tend to own: GSMONYXPAYSHLDAAPLACH

TheStreet.com Rating: D+ What is this?

  • +
  • SMS
    Sims Metal Mgmt L
  • $19.69
  • 0.00%
  • $N/A

From a recent Mad Money show: "Scrap steel is going down with the rest of steel. I think the second half of the year will be strong for steel. This one's a buy. "

People owning SMS also tend to own: WBXOMBRK.BCDLCVXDISFRO

TheStreet.com Rating: No Rating What is this?

  • +
  • F
    Ford Motor Co
  • $7.75
  • +4.03%
  • $7.40

From a recent Mad Money show: "I think both Ford and General Motors (GM) are making some drastic changes. I'm considering them, but I'm not there yet."

People owning F also tend to own: HANSDRLTXNANNAUYBACBHI

TheStreet.com Rating: C- What is this?

  • +
  • MSFT
    Microsoft Corpora
  • $28.52
  • +0.18%
  • $28.32

From a recent Mad Money show: "I have a hard time getting behind them here. I like Research In Motion (RIMM) and Amazon.com (AMZN) and Google (GOOG) more. "

People owning MSFT also tend to own: AAPLAMDCSCODELLGOOGIBMINTC

TheStreet.com Rating: B What is this?

  • +
  • ENS
    Enersys
  • $22.92
  • +1.73%
  • $22.60

From a recent Mad Money show: "Even if oil goes to $70, I'm sticking with it. Batteries are the future and I like it."

People owning ENS also tend to own: AESCKHCTRPDRHEBAYLFBG.OBPEIX

TheStreet.com Rating: B What is this?

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