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Opportunity Appears, If You Only Look

By Jim Cramer

 About this article:
 Some sideshows are beginning to seem interesting again. McDonald's has been having a whopper quarter -- so to speak -- and I have to believe that with the incredibly weak dollar, you are getting a great opportunity. We just bought a little for Action Alerts PLUS. We know that Wal-Mart is having a grand old time because of the consumer trade-down, and that's been pushed down mightily. The endless assault on the drug stocks, particularly the biotechs, seems to be running out of steam, and Celgene, Genentech and Gilead are attracting buyers, the latter close to its 52-week-high. You can see MedcoHealth, Cardinal Health and Quest Diagnostics rallying, another cohort that's struggling to put in a recession bottom. With the oscillator so darned negative and with so many stocks just down so hard and the miserable quarter almost over, the buyers are kicking the tires. And in...

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