Cramer's Take on Top-Searched Stocks

Updated from 7:01 EST

There may be help for troubled homeowners. In a press conference yesterday, the Federal Housing Finance Agency outlined its plan to deal with the hundreds of thousands of delinquent loans held by Fannie Mae(FNM Quote - Cramer on FNM - Stock Picks) and Freddie Mac(FRE Quote - Cramer on FRE - Stock Picks). This initiative would lower the interest rate or reduce the principal amount of the loan so that borrowers would not pay more than 38% of their income on housing expenses. The market didn't seem to blink, and the day ended where it started: solidly in the red.

Starbucks(SBUX Quote - Cramer on SBUX - Stock Picks) was in the news for weak earnings, but most stocks, including Las Vegas Sands(LVS Quote - Cramer on LVS - Stock Picks), General Motors(GM Quote - Cramer on GM - Stock Picks), Freeport-McMoRan(FCX Quote - Cramer on FCX - Stock Picks) and Apple(AAPL Quote - Cramer on AAPL - Stock Picks), were all down.

With this in mind, we thought we'd take a look at some of the stocks people were searching for on TheStreet.com on Tuesday, including Wendy's(WEN Quote - Cramer on WEN - Stock Picks) and Citigroup(C Quote - Cramer on C - Stock Picks), and see what Jim Cramer's had to say about them.

To read more, visit Stockpickr.com.

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