Friday was all set to be ugly. The auto bailout collapsed in Congress, followed by arguably the largest financial scam ever when it was revealed that Bernard Madoff of Madoff Securities was essentially running a large Ponzi scheme with as much as $50 billion.

But the market found a bottom and rallied on renewed hopes of an auto rescue, this time from the White House, which said it would try to engineer it using Tarp money.

While the market closed up, stocks were mixed for most of the day.

With this in mind, we thought we'd take a look at some of the stocks people have been searching for on TheStreet.com and see what Jim Cramer's take 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.

In a recent post to his RealMoney blog, Cramer had this to say about tech stocks, including Intel (INTC):

"The tech bid is in. The buyers have made a decision -- even if the decision is wrong -- that tech will be better in 2009 than it was in 2008, and given that change you can buy anything you want if it has anything to do with gadgets, cell phones and computers. Oh, and if the buyers are wrong about the outlook, they think they are right about the valuations.

"To put it simply, when Intel trades at a 4.5% yield they want in.

"Period.

"They are being paid to wait.

"When Nokia (NOK) trades at a 5% yield, they want in. They are paid to wait.

"When Cisco (CSCO) and Oracle (ORCL) hit multiyear lows, they want in. They will take the pain.

"Is it foolish? Perhaps no more foolish than it was in 2003 when the Nasdaq 100 had declined about 90% peak to trough.

"I would prefer the leadership, by the way, to be in financials. Those are at the heart of what ails us.

"But the techs I cited are self-financing, or in the case of Hewlett-Packard (HPQ), can finance in the bond market, as we know from its recent offering.

"They are more international than domestic, more Asian -- which is turning -- than European. They do better in a weak-dollar world, which we have.

"Quite simply, like it or not, they have become the place to be.

"They lead. The others are following.

"Sure better than following Potash (POT) and Mosaic (MOS), now, isn't it?"

For more of what Cramer's had to say about Friday's most-searched stocks, including Terra Nitrogen (TNH), Ashland (ASH), Macy's (M) and Inergy (NRGY), check out the Cramer's Take portfolio at Stockpickr.com.

(Editor's note: At the time of publication and/or original publication of his posts and shows, Cramer owned Hewlett-Packard for his Action Alerts PLUS charitable trust.)

Posted on Dec. 14, 2008