Shopping the trash bin can be profitable, but focus on those companies that have strong balance sheets.
I am far more likely to be digging in the garbage can than the penthouse for stock ideas.
Gun sales are expected to slow in 2017, and two major gun companies, Sturm Ruger and Smith & Wesson, have seen their stocks decline this year.
Get used to some down days, says Jim Cramer, but don't lose sight of the success for financial stocks.
©1996-2017 TheStreet, Inc. All rights reserved.Action Alerts PLUS is a registered trademark of TheStreet, Inc.