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Jim Cramer — Should You Buy Halliburton Ahead of Earnings?

"Halliburton (HAL - Get Report) pretty much shot itself in the foot," TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, says Friday, ahead of the company's Monday morning earnings report.

Halliburton has tried to merge with Baker Hughes (BHI - Get Report) , but the deal likely won't pan out because of government concerns over antitrust issues, Cramer explains.

Energy stocks are rallying because oil prices have climbed...