Arne Alsin, the founder and principal of Alsin Capital Management, an Oregon-based investment adviser specializing in turnaround situations, has a proven track record on our site as the resident Turnaround Artist. His open positions were lately up 30%, and positions that have been closed finished up 19%. That's an impressive feat during a tough 2001. To read more of Alsin's columns, please click here. At time of publication, Alsin and/or ACM was long both York and Toys R Us, although positions may change at any time.

York International

Here's a stock nobody's talking about: York International (YRK - commentary - Cramer's Take) is a leading manufacturer of air conditioning and refrigeration products. After successfully implementing a series of major structural changes, York's profit margins are set to lift in the new cycle. Coincident with higher profits, expect a higher share price. I'm looking for $50 by year-end. York closed Friday at $37.02, down 33 cents.

Toys R Us

Toys R Us (TOY - commentary - Cramer's Take) has only converted roughly 60% of its store base to the new "Mission Possible" format, which generates higher sales than the older, staid format. With the balance of the store base due to be converted this year, expect a stronger sales base with higher margins. I expect this stock to trade north of $30 in 2002. It ended Friday at $19.63, down 34 cents.

With his lengthy track record, James J. Cramer doesn't really need an introduction. He's widely regarded as a top market commentator and regularly appears on our site as well as on CNBC. Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites, frequently updates his views with Action Alerts PLUS and serves as an adviser to the company's CEO. To read Cramer's past columns, click here. At the time of publication, Cramer was long both Conexant and General Dynamics.

Conexant

Conexant (CNXT - commentary - Cramer's Take) has become the most controversial stock in my portfolio. That's just because it is a low-dollar tech stock, and that's what everyone likes. It shouldn't be controversial. It is simply a breakup story with good fundamentals, and it takes patience for the three parts to get spun out. If you don't have that patience, vamoose, please. Conexant inched up 6 cents Friday to end the day at $14.

General Dynamics

General Dynamics (GD - commentary - Cramer's Take) is the cheapest stock in the portfolio because I believe that the nation's defense budget will be ratcheted up severely over the course of the next two years. Share price is also down below $80, which makes me want to buy more as soon as I can. It closed Friday at $77.40, off $1.87

Glenn Curtis, who pens the regular Merchant of Value column, came to RealMoney.com after experience as a senior equity analyst. You might also know Curtis from his Era of Value newsletter, which has indeed been quite a value for its subscribers. Out of 14 stocks highlighted since the newsletter's inception in October, the average pick is up more than 30%. To read more of his columns, click here. In keeping with our editorial policy, Curtis doesn't own or short individual stocks.

Cendant

I like Cendant (CD - commentary - Cramer's Take) because the bad news has already been factored into the stock. (Fewer people are traveling, and that's already had an adverse impact on its travel business.) I also like it because management has done a terrific job of trimming costs and has recently upped its guidance in 2002 from $1.15 to $1.25 a share, citing synergies from its Galileo and Cheap Tickets acquisitions as well as growth from its core businesses. Cendant ended the week at $19.15, down 9 cents.

Office Depot

I like Office Depot (ODP - commentary - Cramer's Take) because it also is oversold. And management has done a great job managing its inventories, growing same-store-sales numbers and trimming costs even in the face of a recession. And when the economy does pick up in the second half of the year -- look out. Office Depot picked up 6 cents in trading Friday to close at $16.84.

Chris Edmonds, president of Resource Dynamics, an Atlanta-based private financial consulting firm, is a familiar face to our longtime readers. He writes the weekly Bottom of the Barrel and Under the Radar columns and co-hosts the Happy Hour chat. Edmonds frequently covers the energy and real estate sectors as well, coming out ahead of the curve on several Canadian energy mergers and Calpine. To read more of his columns, click here. At time of publication, Edmonds' firm was long U.S. Bancorp, although positions may change at any time.

U.S. Bancorp

U.S Bancorp (USB - commentary - Cramer's Take), a Minneapolis bank holding company formed by the combination of U.S. Bank and Milwaukee's Firstar, has struggled with integration and portfolio cleanup issues and has underperformed its large, regional bank peers. However, with growing pains out of the way, the nation's eighth-largest commercial bank has a powerful internal growth engine from its core commercial banking business, trust and wealth management division, commercial payment services and investment banking arm, Piper Jaffray.

Lately trading at around $21 with earnings potential of $1.90 per share in 2002, the stock trades at about an 18% discount to the Philadelphia Stock Exchange/KBW Bank index. Add to that a 3.5% yield and management now focused on building shareholder value, including a recently announced $100 million buyback, and you have a formula for solid performance in the year ahead. A recovering economy and multiple expansion won't hurt either. U.S. Bancorp lost 63 cents to end at $20.37 Friday.

Alberta Energy

With natural gas trading close to $2 per million British Thermal Units and everybody hating the energy stocks, Alberta Energy (AOG - commentary - Cramer's Take) is a good contrarian play. Alberta is the largest Canadian producer of natural gas with production across North America. Like other natural gas stocks, Alberta was rocked in 2001 as natural gas demand and prices plummeted. However, with depletion of existing natural gas production accelerating, supply and demand should rebalance with a higher price bias. Alberta has hedged 30% of its 2002 production at above-market prices assuring stable cash flows while leaving room to benefit from higher prices.

Look for Alberta's earnings to stabilize in the first quarter and move higher through the year, with $3-plus in 2002 per-share earnings not out of the question. And, Alberta should also benefit from the resurgence of consolidation talk in the Canadian oil patch. You want to buy energy stocks when nobody else wants to own them -- understanding that patience will be rewarded. Alberta closed Friday at $35.02, down 3 cents.

This is the second part of the RealMoney All-Star Super Portfolio. Be sure to check out Part 1, if you haven't already. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks.

One of our newest faces, Robert Marcin is the principal of Marcin Asset Management, a private investment firm. Before that, Marcin was a partner at Miller, Anderson & Sherrerd and a managing director at Morgan Stanley, where he managed the MAS Value fund (currently Morgan Stanley Institutional Value). To read more from Marcin, click here. At time of publication, he was long Healthsouth and Dave and Buster's, although positions may change at any time.

Healthsouth

My first pick is Healthsouth (HRC - commentary - Cramer's Take), a provider of outpatient surgery, rehabilitation and diagnostic services. The stock is extraordinarily cheap for a leading health care company; it's currently trading at 11 times cash EPS and six times EV/EBITDA. The company should benefit from the trend toward outpatient services and new government reimbursement programs. Healthsouth should generate solid, stable revenue and earnings growth over the next few years, despite the difficult economy. The stock gained 14 cents Friday to close at $13.39.

Dave and Buster's

My second pick is Dave and Buster's (DAB - commentary - Cramer's Take), a leading entertainment/restaurant operator. The stock is compellingly cheap at seven to nine times calendar 2002 earnings and three to four times EV/EBITDA. The company has recently hired new managers and altered corporate strategy to focus on profitability vs. store growth. Their closest comparable company, CEC Entertainment (CEC - commentary - Cramer's Take) (Chuck E. Cheese's Pizza) trades for 18 times 2002 profits, leaving DAB ample room for valuation expansion. It picked up 18 cents to end at $7.43 Friday.

Longtime tech guru Jim Seymour is president of Seymour Group, an information-strategies consulting firm working with corporate clients in the U.S., Europe and Asia, as well as a veteran columnist for PC Magazine. Although most readers are already familiar with his easy-to-understand explanations of complex technologies, they may best remember his prescient pick of Qwest in late 1998, when it traded at less than $20. It subsequently ran up more than sixfold. To read more of his columns, click here. At time of publication, neither Seymour nor Seymour Group held positions in either of these two securities, although holdings can change at any time.

Compaq

With all the confusion over the proposed Hewlett-Packard acquisition of Compaq (CPQ - commentary - Cramer's Take), this may seem an odd choice. In fact, that acquisition is key: With Compaq's price down, if the merger goes through, Compaq's holders earn a nice premium. But they must sell the Hewlett-Packard shares they receive immediately. And if the merger doesn't go through, Compaq's management will have an incredible incentive to cut, cut, cut and push its profitable businesses to the fore. An independent Compaq's share price could double durnig the next year... even in a rough year for computer outfits. It finished up Friday at $11.50, tacking on 50 cents.

Pfizer

King of Big Pharma, Pfizer (PFE - commentary - Cramer's Take) is in the fat part of the harvesting cycle for brand-name drugs. Led by Lipitor, the company has a handful of leading drugs -- it sells seven of the top 25 drugs, worldwide -- which have years to run before patent protection runs out. Around $40, it's expensive, with a price-to-earnings ratio of about 35 -- but it's well off its 52-week high, and doesn't look cheaper anytime soon. You can take this one to the bank. Pfizer lost 41 cents Friday to close at $40.60.

Also known as The Chartman, Gary B. Smith trades for his own account from his Maryland home using technical analysis. Trading since 1985 with no losing years, he's amassed a loyal following among our readership with his informative and often entertaining style. Smith writes a daily technical analysis column for RealMoney and produces a daily premium product for TheStreet.com called The Chartman's Top Stocks. To read more of his columns, click here. At time of publication, Smith held no positions in his two picks, although positions may change at any time.

Before I talk about my picks, let me confess that looking at anything longer than a few days is completely outside my area of expertise! Shoot, it's like convincing Shaquille O'Neal to become a great sixth man! With that in mind, though, I came up with two candidates with some attractive pictures.

Wal-Mart

My first pick from the long side is Wal-Mart (WMT - commentary - Cramer's Take). I still don't see how this year will end up anything but flat, so I wanted to pick the strongest Dow chart I could find. That belonged to Wal-Mart, as it not only broke that multiyear downtrend line, but also has the added benefit of kicking Kmart's behind! There's safety in size, and Wal-Mart is a good solid place to be. It wound up at $55.80 Friday, down $1.20.

EchoStar Communications

My second pick is EchoStar Communications (DISH - commentary - Cramer's Take). Quite frankly, if I had to pick one Nasdaq 100 Unit Trust stock, this one is it. Why? Because like Wal-Mart, its carnage appears to be over, and this has plenty of upside potential.

Of course, you may wonder why I'm not picking stocks that are making new highs, as I normally do. Remember, when I'm doing that, I'm trading more than anything, looking for small profits, but in short time frames. For stocks that I'm investing in, I generally like a lot of pain to have been absorbed and at least one sign that a return to better times is on the horizon. With EchoStar and Wal-Mart, you have that in spades. EchoStar ticked up 11 cents Friday to end at $29.45.

Cody Willard is president of TelEconomics Consulting, a financial and technology consulting firm, and the founder of TelEconomics.com, a Web site devoted to news and analysis of telecommunications stocks. Since he began highlighting specific stocks in the often-treacherous telecom sector for our site, his portfolio was lately up a whopping 63%. To read more of his analysis, click here. At time of publication, Willard was long Verizon and Enterasys, although positions may change at any time.

Verizon

Verizon (VZ - commentary - Cramer's Take) continues to push into getting approval to provide long-distance in most of its incumbent states. (In 1996, Congress allowed competition in the local telephone-service market, and Verizon along with other Baby Bells were the already established local providers. Verizon is the so-called incumbent carrier in certain states.) We'll see it turn this new line of business into a huge cash cow as it'll simply put the hurt on AT&T's, WorldCom's and Sprint's long-distance businesses -- at least until the company buys one of them.

However, I'm not sure it will even try because the regulatory environment is signaling that the government might not approve such a combo. Additionally, some indications are that long-distance pricing is finally stabilizing, and that's a trend we can expect to see continue throughout 2002. Whether this year or not, the pending wireless spinoff will catalyze a move in the stock, and the company's soon-to-be-improving fundamentals will more than offset any short-term weakness that would result from the company acquiring one of the major long-distance carriers. Verizon is a great, aggressive, growing company with a nice yield to boot. Enough said. It closed Friday at $49.70, up 33 cents.

Enterasys

Let's see: a good balance sheet, a leader or near leader in most all of its product lines, strong sales channels into the military -- a not-just-stabilizing-but-actually-growing sector, good management maximizing business in the bad times and a profitable and growing software subsidiary, Aprisma, due to be spun off in the next couple of months. Granted, Enterasys (ETS - commentary - Cramer's Take) is up some 60% since my first recommendation, but while I could see the stock dip back to $8 or $9 on any pullback, I sure think we'll see it higher than its current level by year-end. It gained 35 cents to wrap up Friday at $10.42.

Columnist	Stock	Jan. 11 Close	52-Week High	52 Week Low	Market Cap
ARNE ALSIN	York International (YRK:NYSE)	$37.02	$40.00	$26.65	$1.44 billion
	Toys R Us (TOY:NYSE)	19.63	31.00	16.81	3.86 billion
JAMES CRAMER	Conexant (CNXT:Nasdaq)	14.00	21.50	6.57	3.57 billion
	General Dynamics (GD:NYSE)	77.40	96	60.50	15.62 billion
GLENN CURTIS	Cendant (CD:NYSE)	19.15	21.53	10.60	18.8 billion
	Office Depot (ODP:NYSE)	16.84	18.70	7.69	5.17 billion
CHRIS EDMONDS	U.S. Bancorp (USB:NYSE)	20.37	25.24	16.50	39.74 billion
	Alberta Energy (AOG:NYSE)	35.02	50.90	31.60	5.18 billion
ROBERT MARCIN	Healthsouth (HRC:NYSE)	13.39	18.49	11.25	5.25 billion
	Dave and Buster's (DAB:NYSE)	7.43	10.85	5.19	96.3 million
JIM SEYMOUR	Compaq (CPQ:NYSE)	11.50	25.00	7.26	19.48 billion
	Pfizer (PFE:NYSE)	40.60	46.71	34.00	255.2 billion
GARY B. SMITH	Wal-Mart (WMT:NYSE)	55.80	58.74	42.00	248.7 billion
	EchoStar (DISH:Nasdaq)	29.45	39.03	19.49	14.11 billion
CODY WILLARD	Verizon (VZ:NYSE)	49.70	57.40	43.80	134.9 billion
	Enterasys (ETS:NYSE)	10.42	24.50	4.90	2.06 billion
Source: RealMoney.com, Yahoo! Finance