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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



(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


(MBI) - Get MBIA Inc. Report




finally be at a bottom



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



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


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 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



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

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