Jim Cramer: You Don’t Want to Be in Halliburton

Investors should opt for shares of Schlumberger (SLB) - Get Report over Halliburton (HAL) - Get Report because it is the superior company, said TheStreet's Jim Cramer. He believes Halliburton made a desperate and dumb move to merge with Baker Hughes (BHI) and they are paying a steep price for it.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.