Cramer’s #3 Value Pick for 2007

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By Douglas A. McIntyre Published
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Stock Tickers: HAL, ATI

Last year Allegheny Tech (ATI) was his stock pick of the year.  It morethan doubled and was the best of all S&P 500 performers.  ATI wentfrom $36.00 to $90.00.  His 2007 stock of the year is not just one single stock, as investorsshould diversify.  He has 3 picks: low-risk value, higher-risk growth,and speculative stocks.  No one can pour more than one-fifth of theirmoney into speculative stocks.

His 3 low-risk value stocks are going to be in descending order and heis reviewing the value stocks tonight.  That means you know he’ll bemaking the others Thursday and Friday.

The #3 value pick is Halliburton (HAL).  He has been all over this for weeks and months, so this may not be a huge surprise.  He likes that KBR spin-off, he likes buybacks, he likes valuation discounts.  You know the drill.

Jon C. Ogg
January 3, 2007

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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