Cramer's Take on Top Searched Stocks from 3-03-09
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Date updated:03-03-2009

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

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symbol name last price % change open
  • +
  • ALTR
    Altera Corporatio
  • $19.77
  • -0.85%
  • $19.80

“Altera (ALTR) and Xilinx (XLNX), two companies that in the 1990s used to routinely blow out the numbers, lifting Cisco (CSCO) with them, issued statements last night and just now that give the Nasdaq a reason to rally. They have guided up or said things aren't that bad, which are precursors to higher prices. Given that the Nasdaq is and has been a place of hope, these two will be used to generate a rally, perhaps of some significance, in the beaten-down SOX, and that will allow others -- including cell phones and networking players like Cisco -- to feel jaunty. Especially after the DRAM exchange recorded unprecedented declines of more than 10% in memory chip prices last week. Now, it doesn't matter of course that these are small-time bumps. They are, put simply, a sense that things aren't falling off a cliff at this moment and they allow people to say "the worst is over." That phrase, the most costly phrase around, gives hope that Cisco and EMC (EMC) -- what was that legal nonsense, ugh -- and of course Intel (INTC) and Microsoft (MSFT) can trade higher. And so forth, and so on. I say enjoy it. Maybe even take something; I took some Cisco yesterday. But never forget that the days when either of these two companies is a harbinger of anything have long since past.”

People owning ALTR also tend to own: ADIAPAAVPBBBYCOSTELEMC

TheStreet.com Rating: B What is this?

  • +
  • LLY
    Lilly Eli Co
  • $34.50
  • +0.20%
  • $34.39

From a recent Mad Money show:"I think the government is taking aim at big pharma. So anyone like Lily is going to have prices driven down. That's a big change for me, but I can't recommend them."

People owning LLY also tend to own: CCLXCVSGOOGGSHDJNJ

TheStreet.com Rating: C What is this?

  • +
  • TSM
    Taiwan Semicond A
  • $9.79
  • 0.00%
  • $9.75

From a recent Mad Money show:"No. No. No. and No. I'm not going to recommend that or any of the semiconductors or disk drive makers or flash memory guys."

People owning TSM also tend to own: CNXSTXJNJXOMAAAETALL

TheStreet.com Rating: B- What is this?

  • +
  • ADSK
    Autodesk
  • $26.49
  • +1.42%
  • $25.85

From a recent Mad Money show:"I don't have any reason to recommend it. No momentum, no earnings. I want to sell, sell, sell Autodesk."

People owning ADSK also tend to own: GYIVPMAXINTUSINASIRFSTPXING

TheStreet.com Rating: C- What is this?

  • +
  • TS
    Tenaris S.a Ads
  • $39.75
  • +0.48%
  • $38.64

From a recent Mad Money show:"No. This is one of the great companies, but the Obama plan is destroying the oil companies. Let's wait until it goes under $10."

People owning TS also tend to own: AAPLBLE.TOCHINACTRPELR.TOEMUFCX

TheStreet.com Rating: B- What is this?

  • +
  • DD
    Du Pont E I De Ne
  • $33.38
  • 0.00%
  • $33.05

From a recent Mad Money show:He doesn't trust the dividend and says way too much of its drug business is going generic. He said to sell.

People owning DD also tend to own: ABTAMXAUYBAPBRK.BBVFFCX

TheStreet.com Rating: C+ What is this?

  • +
  • RVN
    Rvn
  • $0.00
  • N/A
  • $N/A

From a recent Mad Money show:He historically has liked the stock and says it's nice to be in it for some good yield.

People owning RVN also tend to own: ACCASTEAUYBBYCEGDDHES

TheStreet.com Rating: No Rating What is this?

  • +
  • CLWR
    Clearwire Corpora
  • $6.50
  • 0.00%
  • $N/A

From a recent Mad Money show:"Noooo. You don't go anywhere near there. I don't even think they have a business model over there."

People owning CLWR also tend to own: APKTARUNAUTHAVAVBBNDBLOGCAVM

TheStreet.com Rating: E+ What is this?

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