Cramer's Take on Top Searched Stocks from 11-4-08
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Date updated:11-04-2008

This portfolio gives Jim Cramer’s recent take on 10 heavily searched stocks on TheStreet.com from the prior trading day.

symbol name last price % change open
  • +
  • XOM
    Exxon Mobil Cp
  • $79.09
  • +1.07%
  • $77.91

“If Obama had once emphasized energy independence, we could justify the natural gas stocks flying. If he once said that he felt that cars should be powered with compressed natural gas, then it would be terrific to buy these stocks up here. And if he ever said that he favored tax breaks to drill for natural gas, then you could see why Halliburton (HAL) or Nabors (NBR) deserve to trade higher. If Obama has ever indicated that he was not bothered by an oil company making $14.3 billion, as Exxon Mobil (XOM) did, then I would feel better about this stock's ascent. If he said -- perhaps I missed it -- that the oil profits must not be touched, or if he said that it is only fair that this lucky company gets to pay out huge dividends and be taxed at the same rate as everyone else, then I would be happy to keep taking it up. Same with Chevron (CVX). How many times did I write here that every time you saw this stock yield 4% you had to buy it, which is just what I did for Action Alerts PLUS. But if you read the alerts today, you know that I said I would love to take some Chevron off the table, simply because it has so overshot the range, and it is hard to believe it can be up tomorrow unless McCain wins. I know in a blow-off it is impossible to identify anything worth selling. The momentum is too great, and the possibility of fading is too dangerous. But I am willing to lose some oils here, if only because I would probably be selling some up here even if McCain were a shoo-in!”

People owning XOM also tend to own: AAAIGIBMINTCJNJJPMKO

TheStreet.com Rating: B What is this?

  • +
  • MRK
    Merck Co Inc
  • $29.36
  • -0.44%
  • $29.68

From a recent Mad Money show: "This is the most undervalued company of all the drug stocks. I'm giving that one nine buys."

People owning MRK also tend to own: CCATDEFNMFREGEKO

TheStreet.com Rating: C+ What is this?

  • +
  • DE
    Deere Co
  • $45.18
  • +5.93%
  • $43.40

From a recent Mad Money show: "This thing has gone down incredibly. The company's problems are behind them. I'm bullish, but let's wait for a pullback before we buy some."

People owning DE also tend to own: AAPLAATICATCOFCOPDVNGS

TheStreet.com Rating: C What is this?

  • +
  • WY
    Weyerhaeuser Co
  • $32.00
  • +2.37%
  • $31.16

From a recent Mad Money show: "This yields 6% and I think the yield is safe. That's all that matters."

People owning WY also tend to own: AAALLAPCBABACCCAT

TheStreet.com Rating: D+ What is this?

  • +
  • PM
    Philip Morris Int
  • $42.70
  • 0.00%
  • $42.57

From a recent Mad Money show: "I like Philip Morris, but I prefer Altria (MO). It's domestic and MO is cheaper with a better yield."

People owning PM also tend to own: AAPLANZBY.PKBAMBBDEBAYGOOGIFN

TheStreet.com Rating: No Rating What is this?

  • +
  • ODP
    Office Depot Inc
  • $3.69
  • +2.22%
  • $3.34

From a recent Mad Money show: "I think there was a short squeeze there. But even though it's a dollar stock, I want you to sell, sell, sell and pick up the leader Staples (SPLS)."

People owning ODP also tend to own: AESBEROSKPGHTXUWLPADP

TheStreet.com Rating: D What is this?

  • +
  • RIMM
    Research In Motio
  • $46.50
  • -0.41%
  • $46.30

From a recent Mad Money show: "RIMM is selling at just 14 times earnings and that's just wrong. I've liked them a lot higher, but I'm sticking with them."

People owning RIMM also tend to own: AAPLAPAAUYBPCCMECOP

TheStreet.com Rating: B- What is this?

  • +
  • SPW
    S P X Cp
  • $44.88
  • +7.39%
  • $41.68

From a recent Mad Money show: "I'm going to urge you to hold on to this one. It may take forever for that one to get back to even, so I can't say buy more yet. But until then, sit tight."

People owning SPW also tend to own: GSKHBOSANPIARWATKBACC

TheStreet.com Rating: C What is this?

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