The volatility never seems to end. After the sharp drop on Monday, stocks snapped back on Tuesday, closing up north of 3%.

Meanwhile, some U.S. mega-retailers are feeling the pinch of hesitant consumers. Sears Holding Corp. (SHLD) posted a bigger-than-expected loss for the third quarter Tuesday. The suburban Chicago-based company lost $146 million, or $1.16 per share, during the three months ending Nov. 1. That figure compares with a profit of $4 million, or 3 cents per share, in the same period last year.

Likewise, GE (GE), the diversified industrial, finance and media conglomerate, announced it is expecting its Q4 profits to be near the low end of its previous guidance. But the news wasn't as bad as expected and the stock rallied hard on the news.

On deck are the Big Three U.S. automakers and whether they will be bailed out. GM (GM) and Ford (F) moved up nicely in anticipation of good news.

With this in mind, we thought we'd take a look at the stocks people have been searching for on TheStreet.com and see what Jim Cramer's had to say about them lately.

These stocks could be in the news for a number of reasons. Some require immediate attention; others may not. Regardless, it never hurts to hear what Cramer (or any of the other professional investors on the site) has to say about them. The key is to gather as much information as you can in order to make the most informed investment decisions you can.

With the big up moves in the bank stocks, including Citigroup (C), Morgan Stanley (MS) and Bank of America (BAC), we'll kick it off with Cramer's take on Goldman Sachs (GS), which happened to be down on Tuesday.

In a post to his RealMoney blog, Cramer wrote:

"Why do people presume that investment banking will never come back? Why do they presume that there will never be more use for a place like Goldman Sachs? Why do people openly question that they can ever make a profit again or that their book value is a total lie? Do people think there is a secular decline in all financing, and that we are done forever raising money? Do people think we are done merging? Do they think we are done issuing municipals? Do people think we are done with trading corporate debt? Do people think we are done with lending money against stock? That's it?

I think Goldman's going to be like GE (GE), where we say, "OK, that's a big surprise because it is no surprise," and the stock goes up. I think that there's a real chance here to buy Goldman at the nadir of business and a totally fear-driven discount to book.

I know the model has to change, blah, blah, blah. But so has the competition -- like none other than Morgan Stanley. Can Goldman buy some banking deposits? Harder than a couple of months ago, but it can get it done. The most important thing that Goldman has going for it, though, is that it can create product. It always has. It knows how to make financial product and sell it.

I think that no matter how bad the quarter, this one is GE II.

I own it for Action Alerts PLUS.

I believe the downside here is far outweighed by the upside."

For more of what Cramer’s been saying about Tuesday's top-searched stocks, including Chesapeake Energy (CHK), Genzyme (GENZ), Emergent BioSolutions (EBS) and U.S. Steel (X), check out the Cramer’s Take portfolio on Stockpickr.

Posted on Dec. 2, 2008