Cramer's 'Mad Money' Recap: Cramer's Picks for 2008

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Altria(MO Quote), one of Jim Cramer's top nine stock picks in 2007, should do very well in 2008 as the company splits into separate international and domestic companies, he told viewers on his "Mad Money" TV show on Wednesday.

On the other hand, if people decide to stick with Goldman Sachs(GS Quote), which Cramer owns for his charitable trust, Action Alerts PLUS, they shouldn't expect much from it, he said. Goldman is a good stock in a crummy neighborhood. Although 2008 should be the year the Fed pulls the financials out of this mess, progress will be slow, he said.

Halliburton(HAL Quote), he continued, should work again. However, it is more of a natural gas play, and Cramer said he'd rather viewers get into another natural gas stock -- one he will mention on Thursday's show.

Cisco(CSCO Quote), he expects, will be only "a marginal performer." Cramer said he prefers his four horsemen of tech -- Amazon (AMZN Quote), Research In Motion (RIMM Quote), Apple (AAPL Quote) and Google (GOOG Quote) --although he feels Amazon is a sell here.

As for NYSE Euronext(NYX Quote), Cramer said he believes it's going to have a great year. "Maybe people will recognize it's more of a play on Europe this year," he said. It did everything it was supposed to do, but still got beat up, Cramer said. However, under the leadership of Duncan Niederauer, the NYSE should have a good 2008.