JJC:   All right, we're devoting this entire week to helping you try to find the right stocks to own in this miserable market, coupled with an equally unhappy recessionary economy with oil hitting a 52-week high, and your house hitting a 52-week low... Now look, we are not ducking the bear, we're looking though, for bear-free zones, where the bears are more endangered, than are doing the endangering...

I've been giving you the manual, The Cramerican Marine Field Guide to Recessions, all week to show you how Wall Street generally works when times are tough... So you can pick out the stocks that are likely to flourish and bloom in the rough soil of this environment... How's that for a little poetry?... To sum up everything that we've been through this week, okay?...

I have been recommending the stocks of healthcare companies, because healthcare is the one area that the Cramerica Marine Field Guide to Recessions tells us is coming into favor on the Wall Street fashion show while other sectors will be discarded in favor of the boring, safe consistency of these medical stocks...

Page number 1137 is today's lesson... I think the big money managers, the guys whose preferences at the fashion show decide which stocks go up and which ones go down, because they're such huge buyers and sellers, they just manage so much of the money out there that they have a dilemma... I don't think that they want to own stocks that are likely to have disappointing year over year earnings, many of your stocks have gone down this week because of that... And in a time of sky high oil prices, and high food prices, and a potential global economic slow down... The only group that I think is somewhat immunized against these negatives is healthcare... A diversified portfolio must have healthcare here... I think they will buy these stocks hand over fist, which is a sailors term... In fact, they've already started to...

Witness the surge this week in the DRG (i.e., The Amex Pharmaceutical Index (^DRG), the drug index... I believe they've still got a long way to go... The DRG at $301 is still about 60 points off its high... Bear market territory for the DRG, a little pullback today really helped the cost... Remember, these managers, the ones I'm talking about, who really dictate the fashion show... They can not hide in cash, they always have to rotate into something... Which is why, that's the fundament of why I always say there's a bull market somewhere, they put their money in some place... If they put it in cash there would be no bull market... Every night I come out here and try to find a few on Mad Money... And by the way, I try to find it at NASCAR on Sunday night, NBC, "The American Dream with Jim Cramer" which is 7 pm eastern, and 6 pm central... I'm sorry I'm being so shameless about it... I am proud of it and I'm also proud of the work that my executive producer Regina Gilgan did on it... Let's see, I mean you know, in the middle of the day I had second thoughts, I thought, oh maybe I'll look stupid, but that's me, but anyway... I believe that this is the beginning of a rotation into healthcare stocks, just the beginning...

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Now so far, in order to play this recession I've recommended Genentech Inc. (DNA), which reports next week... I've recommended my nephew, that's right Smith & Nephew (SNN)... Becton Dickinson & Co. (BDX), down badly today, interesting opportunity... Hospira Inc. (HSP), for those of you including the coach Andy Reed and Tammy Reed, the Hospira, the IV, no I was not hurt, they weren't worried about me... No, that was a gimmick, that was something props came up with... It was only after I drank the stuff that I did come in deathly ill and had to visit the hospital...

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All right, anyway, tonight I'm adding the final stock to the Cramerican Marine Field Guide to Recessions... Let's see, I think I remembered it in the index...

There it is... CR Bard Inc. (BCR)... One of the three B's of healthcare... Like BDX... we told you to take profits on the third though, Baxter International Inc. (BAX) got a lot of negative mail on that... But you know what?... It's never bad to take a profit, never... We don't like it as much, and it's up the most since I first recommended it... And when I created the three B's on April 30th of 2007, these stocks have taken down from the S&P futures, as they were today and I think they are the first to bounce back when the selling pressure ends... The S&P, which is suffering from recession the most, takes these stocks, rememebr the futures they drive stocks down to levels where you shouldn't even be able to buy them, the whole market goes down giving you the opportunity...

I think you can put those profits back into any one the stocks I've recommended so far or, of course BCR, which is of course, ever confused on the show with the Bard because I consistently have plays, I have a lot in common, and Bard has a lot in common with the plays... They both make me very happy... This one is a comedy, not a tragedy... I also think you should take profits in other groups that are more exposed to the weak domestic and possibly weakened global economy... Put them into healthcare stocks... Friends, Cramericans, Countrymen, lend me your ears and I will tell you why I think the Bard, BCR, makes such a great buy... The Bard is a medical equipment company with catheters galore for many different uses... I have a catheter right here, right now, you just can't see it... No, that's a joke, just like the IV, and I didn't get sick after I had the salt water, but I just like to you know, for the extreme... Anyway, surgical equipment, stents, guide wires, medical devices that help prevent the spread of hospital associated infections, which hospitals just can't seem to get enough of, given the need they have to cover their medical malpractice butts... The stuff BCR sells into, I'd want to distinguish it from say Botox, right up here, Restiline from here down... I mean, you got to use Bard stuff... I like wrinkle-free skin as much as the next guy... BCR stock has fallen from $100 to $88 since last March, partially because they had a $44-45 million pretax hit, not the worst thing in the world for a company that should do $2.45 billion in sales this year... But I think its still bad... This was from discontinuing its salute to hernia fixation device back on June 13th after already recalling it in the first quarter... Kind of embarrassing... The Bard got flanked by Clavitia, and that's close to its 52-week high in the hernia repair business... But its coming out with new hernia products in the second half of 2009 to help offset the competition... Hernias, too, are not economically sensitive... I got one when I was a little boy when my Aunt Lynn put me on a pole and I hung on too long... I'll just show it to you, probably a bad idea... You know what?... I've got horse sense... The Bard also received some warning letters about conditions in their two manufacturing plants... But the company made its fixes at one facility and its preparing for another inspection, its implementing fixes at the other... So I think you can see some good news about that... But on all fronts, BCR is in good shape... It's got new products coming out, life stent the superficial... Femoral artery, that's in the thigh, should get FDA in the fourth quarter... That's a catalyst I'll be on the lookout for... I think the company also has got great businesses in devices that help prevent the contraction of certain healthcare, hospital-associated infections, very big issue, that's another Obama fixation... BCR gets 10-15% of its sales from these sexier products... Why does this matter?... Medicare administrators are looking to pay less for incremental costs related to these diseases, which should give hospitals more of an incentive to spend money on BCR's products that prevent them... For example, the Bard has a new product called Agento, which is an endo-tracheal, meaning it goes down your throat, tube catheter that is being used to reduce the occurrence of ventilator-associated pneumonia... Then there's their BardX catheter... Don't you love how they name all these?... Agento, Bard-X, like it's something you actually might want to stick into yourself... Anyways... This one reduces the occurrence of urinary tract infections associated with the catheters used... Now BCR is trading at 17 times earnings, get rid of that yellow thing that's underneath me so people can see what I'm doing for heavens sake... Oh, okay, the sensors don't let me do that...

With a consistent 14% long term growth rate, I believe the big money guys will be willing to pay much more for this company's consistent growth going forward... And that's the whole point to the Cramerican Marine Field Guide to Recessions... Remember, all the world's a stage, and all the stocks are merely players, and I think BCR is a player.

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