Stockpickr
Cramer's Take on Top-Searched Stocks
Stockpickr Staff
01/13/09 - 06:14 PM EST
Updated from 7:02 a.m. EST
Investors hid under the covers on Monday, fearing a week of bleak earnings reports.
Alcoa(AA Quote) tumbled 7% after being downgraded by Deutsche Bank. After trading hours, the Pittsburg-based aluminum producer reported a bigger-than-expected fourth-quarter loss of $1.19 billion.
Financials, led by big banks, were the worst performers of the day, falling 5.7%. Citigroup (C Quote) dropped 17%, despite reports of a brokerage operations deal with Morgan Stanley(MS Quote), on news of an expected fourth-quarter operating loss.
With this in mind, we thought we'd take a look at some of the stocks people have been searching for on TheStreet.com (including Celgene (CELG Quote)) and find out what Jim Cramer's had to say about them lately.
To read more, visit Stockpickr.com.
In Tuesday trading, Celgene closed at $50.36 per share (up 1.39% for the day, down 8.9% year-to-date).
(Editor's note: At the time of publication and/or original publication of his posts and shows, Cramer owned Abbott, Celgene, Morgan Stanley, General Electric and Quanta for his Action Alerts PLUS charitable trust.)