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Wednesday's Daily Blog Watch

Wells Fargo is the best in class right now, and the perils of bottom-fishing.

Editor's note: Every morning, James Altucher presents the most timely, topical posts from the Web's best business blogs.

On Stockpickr Answers, Jim Cramer starts off the year

answering questions

about

Google

(GOOG) - Get Alphabet Inc. Class C Report

and how to average down.

With Buffett getting into the bond insurance space, could mortgage insurers such as

MBIA

(MBI) - Get MBIA Inc. Report

and

Ambac

(ABK)

finally be at a bottom

?

Stockpickr's

TheStreet Recommends

System Trades of the Day

has new takeover targets for the new year.

Howard Lindzon explains

why you should avoid bottom-fishing in 2008

.

Is 2008 really like 1847? Is it time to

load up on railroads

?

Zacks raises its price target on

Research In Motion

(RIMM)

.

Here's what it says

.

Another fantastic post from

Mark Cuban

on his days as a young entrepreneur.

Check out the

top 10 pieces of happy economic news

.

Which stocks

did the

S&P 500

add to its Dividend Aristocrats list?

Donaldson Investing explains why

Wells Fargo

(WFC) - Get Wells Fargo & Company Report

is

the strongest bank right now

.

At the time of publication, Altucher and/or his fund had no positions in any of the stocks mentioned, although positions may change at any time.

James Altucher is president of Stockpickr LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for

The Financial Times

and the author of

Trade Like a Hedge Fund

,

Trade Like Warren Buffett

and

SuperCa$h

. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;

click here

to send him an email.

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