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Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Friday March 2. Click on a stock ticker for more analysis:

Hitting Bottom

Cramer commented Thursday's drop did not go lower than Tuesday's big fall, "In fact, we bounced off this low heavily," he said. "This is called a whoosh. It means we went down hard and bounced back. It's also called a "crescendo bottom." He calls this phenomenon a "safety blanket" and says there is a 50% chance that it is a legitimate bottom. Cramer suggests putting stocks into four categories over the weekend: Ones are stocks you definitely want to buy, twos are buys if they fall in price, threes are sells if they go higher, and fours are definite sells. On Monday, he recommends selling all fours to buy more ones in case of another selloff.

Get Some Cash for Your Trash: Clean Harbors (CLHB), Allied Waste Industries (AW)

The one area where government regulations do not hurt stocks is in the garbage business, and Cramer sees potential in waste plays, since Americans produce a lot of trash and there is a chance that "The Bolsheviks [i.e. Democrats] ... could storm the White House." Cramer comments: "Clean Harbors is an end-to-end hazardous-waste play," and has thrived with price increases because "customers can't fight it." He also sees a price rise on the horizon, since Fidelity Investments is buying CLHB shares. Although AW may be less interesting, Cramer says it is among the best garbage plays and is in a virtuous cycle of using its cash to reduce its debt, which continues to improve cash flow.

Related: Stockerblog discusses garbage stocks.

When Vice is a Virtue

"Nice guys finish last," declared Cramer, who compared a clean-cut portolio with a vice-laden one. The "nice"portfolio contained : Starbucks (NASDAQ:SBUX), General Mills (NYSE:GIS), Nike (NYSE:NKE), Advanced Micro Devices (NYSE:AMD), Motorola (MOT), Timberland (NYSE:TBL), Intel (NASDAQ:INTC), Agilent Technologies (NYSE:A), IBM (NYSE:IBM) and Green Mountain Coffee Roasters (NASDAQ:GMCR). The not-so-nice portfolio contained: Altria (NYSE:MO), Diageo (NYSE:DEO), British American Tobacco (NYSEMKT:BTI), Reynolds American (NYSE:RAI), Imperial Tobacco (ITY), Las Vegas Sands (NYSE:LVS), MGM Mirage (NYSE:MGM), Wynn Resorts (NASDAQ:WYNN), International Game Technologies (NYSE:IGT) and Constellation Brands (NYSE:STZ). While the "virtuous" portfolio fell 4%, the "sin" group rose 30%. "From this empirical evidence, sin does pay," Cramer said.

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Source: Jim Cramer's Mad Money In-Depth Stock Picks, March 2