TheStreet.com Power Stock Rankings

12/03/07 - 01:57 PM EST

Patrick Schultz

6. Research In Motion(RIMM Quote - Cramer on RIMM - Stock Picks): Concerns over valuation and layoffs on Wall Street (along with worries about lower future demand for Blackberry devices) have put a cloud of uncertainty over this leader of tech. I would hold onto any current positions but recommend waiting for the stock to trade below $100 before buying any more. -- HOLD

7. Washington Mutual(WM Quote - Cramer on WM - Stock Picks): I got really scared looking at this stock two weeks ago. I looked again this week, and I am still frightened. -- SELL

8. Level 3(LVLT Quote - Cramer on LVLT - Stock Picks): I put LVLT in stock purgatory on Nov. 12, and it remains there today. Sentiment in the stock has remained decidedly negative. I still believe the stock is too late to sell, but no new money should be started here. -- HOLD

9. Google(GOOG Quote - Cramer on GOOG - Stock Picks): The "lock and load" buy call from two weeks ago paid off handsomely. The bullish Google story is intact, but at these price levels, I want to be less aggressive. I would wait on market weakness to add to this position. -- HOLD

10. Advanced Micro Devices(AMD Quote - Cramer on AMD - Stock Picks): I have no idea why anybody would consider buying AMD when you can buy Intel(INTC Quote - Cramer on INTC - Stock Picks). Do yourself a favor: Whenever you feel like typing in A-M-D, teach your muscles to type I-N-T-C. -- SELL

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Patrick Schultz is a research associate at TheStreet.com. In keeping with TSC's editorial policy, he doesn't own or short individual stocks. He also doesn't invest in hedge funds or other private investment partnerships. He has previously obtained Securities licenses under the NASD's Series 7, Series 24, Series 52, and Series 63 exams and has worked in the financial markets on various trading desks in addition to trading for his own account. Schultz appreciates your feedback; click here to send him an email.
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