
Consider the Good

By Jim Cramer
About this article:
Some good! Not all bad! Emerson shows what could happen to a bunch of industrials that are prepared for the downturn -- it is what could happen at GE if it would ever shrink the financial services business. It is what has happened to Honeywell , but nobody cares. I thought it was happening at 3M , but nothing seems to matter.
Merck and Schering-Plough remind you that pharmaceuticals can deliver even better than consistent earnings, and Schering shows the value of a pipeline. We have become used to pharma disappointment, but Schering's just delivering, despite the strong dollar and the bad publicity for the cholesterol drugs. I'm surprised the stock's not higher.
I don't buy the rally in UPS , but it's happening, and while I would take profits for fear that this is the next 3M -- number people liked it, then...

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