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Cramer's Pullback Play

Airgas ARG CEO Peter McCausland is seeing green shoots, he told Cramer and Erin Burnett during Thursday’s Stop Trading!.

The CEO has noticed a “nice pick-up in sales in the last 30 days,” he said. And while other possible green shoots in recent months have flattened out, Airgas remains “cautiously optimistic.”

McCausland did recognize that people can’t seem to decide between the bullish and bearish cases for the market, as auto and metal fab companies call back workers while layoffs continue at the same time.

“We’re sort of just in suspension,” he said.

One indicator that McCausland pointed to was trucking traffic, he said, because it “really moves the US economy.” He’s seen an increase there, which he called “a sign of optimism.”

So what do investors do if the Dow hovers at its present level or heads lower?

“I think that you go to the Cloroxes and Kimberly-Clarks,” Cramer said.

KMB especially offers the international exposure that’s key to taking advantage of the weak dollar, and it benefits from cheaper natural gas. The company also pays out a nice 4.2% dividend yield. That’s why Cramer was surprised almost all sectors have sold off today, even though he thinks Kimberly-Clark is a buy.

“If the market’s predicting a recession,” Cramer said, KMB “should be going higher.”

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