Mad Money Spotlight: Cramer Loves Joy Global

The markets have been giving the love to Joy Global(JOYG Quote) of late, despite a cautious near-term view of the mining business offered up by its chief executive. And Jim Cramer is joining the lovefest.

Appearing Thursday with Cramer on his "Mad Money" broadcast, Joy Global's president and CEO, Michael Sutherlin, said commodities markets will fall again and that full recovery may not begin to occur until the end of 2010. Further, he said the mining industry has big backlogs to work through.

This would seem to contradict the recent spike in commodities prices, pushed higher by increasing Chinese-import demand. Earlier in the recession, the Chinese were also seeking to exploit cheaper commodities prices to buy up natural resource assets across the globe. ...