Joel Siegel's Oscar Picks

It's the final week before the 77th Annual Academy Awards, and ABC News' entertainment editor Joel Siegel revealed his predictions for this year's Oscar winners on "Good Morning America."

Will it be a knock-out punch for "Million Dollar Baby," or will "The Aviator" soar to Oscar heights? Find out what Siegel thinks below:

Best Picture

The Contenders:

"The Aviator"

"Finding Neverland"

"Million Dollar Baby"

"Ray"

"Sideways"

Joel's Prediction:

"The Aviator"

Best Director

The Contenders:

Martin Scorsese for "The Aviator"

Clint Eastwood for "Million Dollar Baby"

Taylor Hackford for "Hotel Rwanda"

Alexander Payne for "Sideways"

Mike Leigh for "Vera Drake"

Joel's Prediction:

Clint Eastwood for "Million Dollar Baby"

Best Actor

The Contenders:

Don Cheadle in "Hotel Rwanda"

Johnny Depp in "Finding Neverland"

Leonardo DiCaprio in "The Aviator"

Clint Eastwood in "Million Dollar Baby"

Jamie Foxx in "Ray"

Joel's Prediction:

Jamie Foxx for "Ray"

Best Actress

The Contenders:

Annette Bening in "Being Julia"

Catalina Sandino Moreno in "Maria Full of Grace"

Imelda Staunton in "Vera Drake"

Hilary Swank in "Million Dollar Baby"

Kate Winslet in "Eternal Sunshine of the Spotless Mind"

Joel's Prediction:

Hilary Swank for "Million Dollar Baby"

Best Supporting Actress

The Contenders:

Cate Blanchett in "The Aviator"

Laura Linney in "Kinsey"

Virginia Madsen in "Sideways"

Sophie Okonedo in "Hotel Rwanda"

Natalie Portman in "Closer"

Joel's Prediction:

Cate Blanchett for "The Aviator"

Best Supporting Actor

The Contenders:

Alan Alda in "The Aviator"

Thomas Haden Church in "Sideways"

Jamie Foxx in "Collateral"

Morgan Freeman in "Million Dollar Baby"

Clive Owen in "Closer"

Joel's Prediction:

Morgan Freeman for "Million Dollar Baby"

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