I like Cramer's take on MO....
Here's an excerpt from Cramer's column, published 3/1...
The article was captioned: HERE'S WHAT THE BEARS SHOULD WORRY ABOUT...
...you could have a situation where the bears try to knock the market down and they fail. Or you have short-covering on Friday afternoon, an old pattern for bear markets.
That this good scenario could occur cannot be ruled out, if only because today was a day where if you panicked, you know it was wrong.
If that's the case, there's still plenty that works: Altria (MO) right here, General Mills (GIS), Coca-Cola (KO), Heinz (HNZ), Clorox (CLX), Avon (AVP) and Bank of America (BAC). All of these make sense here.
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