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There are not a lot of stocks that work right now, with the economy in such bad shape, but some trends will persevere no matter how bad the overall market is.
Take Stericycle [SRCL
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], a company that treats medical waste that Cramer got behind when Mad Money first began nearly three years ago. The stock is up 78% since his first call. Why? In part, it’s because Stericycle’s specialized business is so economically insensitive that it doesn’t go down when most others stock do on bad economic news.
As CEO Mark Miller put it on Monday’s show, people don’t decide to get blood tests based on how the market is doing.
Throw in a robust acquisition pipeline (the company made five acquisitions in the last quarter alone) and you’ve got one of the few stocks Cramer on which Cramer said he is “very bullish.”
“We’re not going to stop looking for things that work,” he said.
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