Cramer's Take on Top 10 Most Searched Stocks from 7-29-08
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Date updated:07-29-2008

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

Cramer recently pointed out that Apple can’t seem to shake the gloom. “How about the collapse of Apple (AAPL), even as Joe Nocera revealed in this Saturday's New York Times that Steve Jobs called him and said unequivocally that he is not seriously sick? What the heck happened here? How come this rumor, which dogged the stock and knocked it down, didn't drive the stock back up when it was disproved? I think that's because Apple is an event stock. It goes up in the event of what is thought to be a big quarter or a big product launch, and then it does nothing until the next big thing or event. Apple had a huge run into the iPhone and 3G. Its bullishness was augmented by the bullishness that AT&T (T) signaled about the blow-away sales. For which I say, "So what?" What's next? I don't see anything other than a Research In Motion (RIMM) launch next month that will feature as much Apple-bashing as there was RIMM-bashing around the Apple launch. Apple is a unique catalyst stock. It tends to go down after every catalyst occurs because of the run-up. This time turned out to be no different, and the sellers are not mollified by a new health report from Jobs and The New York Times. I forecast more pressure ahead.”

People owning AAPL also tend to own: AMDCSCODELLGOOGIBMINTCMSFT

TheStreet.com Rating: B+ What is this?

  • +
  • MTL
    Mechel Oao Ads
  • $20.58
  • -1.15%
  • $20.35

From a recent Mad Money show: "Mr. Putin wrecked this one; he just took the market away. He has got to reverse this or no one will ever put a dime in Russia again."

People owning MTL also tend to own: ABKBBDCFCDEFCXFREFWLT

TheStreet.com Rating: C What is this?

  • +
  • PMC
    Pharmerica Corp
  • $15.22
  • +0.53%
  • $15.06

From a recent Mad Money show: "I think this is a great way to play a slowing economy. I think it's a buy."

People owning PMC also tend to own: ACAPACORAIRMALXNANSSARBAASEI

TheStreet.com Rating: C- What is this?

  • +
  • TC
    Thompson Crk Mtls
  • $11.52
  • -0.86%
  • $11.46

From a recent Mad Money show: "I like it longer term, but understand that specialty metals are under pressure. People have given up on them short term."

People owning TC also tend to own: AGUAMLNBHPBTECNQCOS-UN.TOCY

TheStreet.com Rating: C- What is this?

  • +
  • TWX
    Time Warner Inc N
  • $31.64
  • -2.04%
  • $32.19

From a recent Mad Money show: "I think Verizon's (VZ) FiOS is going to beat up Time Warner. I feel bad for the guy running it. I don't want to own it."

People owning TWX also tend to own: CBSDISGOOGNWSVIAYHOODENN

TheStreet.com Rating: D+ What is this?

  • +
  • POT
    Potash Cp Saskatc
  • $114.70
  • +1.35%
  • $110.49

From a recent Mad Money show: "These stocks had a big run and I cooled on them, but I believe the ethanol mandate will be repealed. Potash will still do well. "

People owning POT also tend to own: ABKBBDCFCDEFCXFREFWLT

TheStreet.com Rating: B- What is this?

  • +
  • DCI
    Donaldson Co Inc
  • $44.12
  • -1.36%
  • $43.67

From a recent Mad Money show: "This is one where the stock is good but the market is bad. I want to buy this one."

People owning DCI also tend to own: CNECNQEVGGGJNJLUKMSFT

TheStreet.com Rating: B- 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?

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