During Tuesday's Mad Money program, Jim Cramer told viewers that during most economic downturns discretionary spending plunges. That's why it was shocking to see the numbers from names like Polaris Industries (PII) which makes ATVs and snowmobiles, Thor Industries (THO) , the RV maker, and Brunswick Corp. (BC) , a leading boat and camping equipment maker. The outdoors bull market was also alive and well with Camping World Holdings (CWH) , as people choose the ultimate social distancing vacations
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Let's look at the companies that can go up, and the ones that can't.
Don't be in a rush to buy those great values before they start exhibiting some better price action.
I worry that we are going to see a lot of folks go bust here soon rather than gathering up at least some of their winning chips.