Cramer's 'Stop Trading!': Jump for Joy Global

Stock quotes in this article:NUE, USB, JOYG 

"I thought it was all-systems go," said Jim Cramer on Wednesday's "Stop Trading!" segment, referring to Joy Global's(JOYG) second-quarter earnings.

"This was a dynamite quarter," he said. "In the midst of this economy, that these guys could do this number, who knows what could happen if the world gets better?"

He said he also likes Bucyrus(BUCY). "These are both really fine companies."

Nucor(NUE) has offered a "hefty dividend" year after year, said Cramer. "You can bank on it."

"The bottom line," he said, "is that you need great management to run a steel company." Nucor's President, Chairman and CEO Dan DiMicco "does a great job."

He also complimented U.S. Steel(X) Chairman and CEO John Sturma for the recent secondary offering of the stock at $25.50, which "made a lot of money for people," said Cramer.

U.S. Bancorp(USB) and PNC(PNC) "are both very fine banks," said Cramer. He said that people worry about the banks' having to raise more money, and "it's putting a lid" on them.

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At the time of publication, Cramer was long XXX.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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