Cramer Calls Joy Global (JOYG) a 'Great Obama Play'

December 17, 2008 5:15 PM EST
Get Alerts JOYG Hot Sheet
Price: $89.65 --0%

Rating Summary:
    1 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 10 | Down: 8 | New: 5
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Jim Cramer highlighted Joy Global (Nasdaq: JOYG) on this afternoon's Stop Trading!, calling it a solid Obama play. Cramer was also bullish on Joy Global as the company recently bought back a large amount of its own stock.

Shares of Joy Global finished today's trading session about 12.6% higher at $25.51. While the Cramer recommendation was somewhat bullish, the stock actually finished at a lower level than where it was when Stop Trading! aired.

Joy Global, Inc. engages in the manufacture and servicing of mining equipment for the extraction of coal, and other minerals and ores.

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