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"The famous investor Peter Lynch said that he always loved companies with funny names; he would be right at home with II-VI Incorporated (NASDAQ: IIVI)," says Dave Dyer.

Indeed, he adds, "This is the first time I have ever had to call a company just to find out about their  name." In his Dave Dyer's Newsletter, he explains the answer -- and his reasons for being bullish on this operator in the scientific field of crystal growth technology.

Here is a good stock for a bad market.  Let me make this clear, I am still very bearish on the market as a whole.  I am holding several ETF's that short certain markets.  Although, of late, I have been finding more stocks that fit my trading style. 

Stocks that hold up or even show an increase in share price during a bad market can possibly be the new leaders in the next Bull market.  This is the best reason to not look for shorts only during these down times.  You can find some great stocks...let's face it, it is slim pickings so these times are easier to follow the leaders.