It Doesn't Stop

The end-of-the-year phenomenon is working.
Stocks quotes in this article: ABC, CAH, MCK, CELG, REGN, PEP, MMM, AGIO

It doesn't stop. Just like I wrote yesterday, they come right back to the faves.

Look at Celgene (CELG) and Regeneron (REGN) rolling higher. Amazing, but Agios Pharmaceuticals (AGIO) is now in the black, after a downgrade. How about PepsiCo (PEP) through par, for heaven's sake? The rails rebound. So do the restaurants. The winning industrials like 3M (MMM)? They just don't quit. Most important, the big three Device companies: AmerisourceBergen (ABC), Cardinal Health (CAH), and McKesson (MCK) refuse to quit. Go get 'em, tiger.

Welcome to the end-of-the-year shuffle. If you have bought these stocks when they were weak yesterday, you are already sitting pretty.

I am not saying it's a no brainer. Nothing's a no-brainer.

I am saying that the end-of-the-year phenomenon is working, and all you need to do is check back to what I said to buy yesterday, to know how this game works.

It's not stopping here, either.

More. Encore. Just the way it is.

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Action Alerts PLUS, which Cramer co-manages as a charitable trust, has no positions in the stocks mentioned.

TAGS: Investing | U.S. Equity

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