Cramer's Stop Trading! A Yen for a Weak Dollar (10/31/10)

Includes: BA, BUCY, CAT, JOY
by: Miriam Metzinger

Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Friday October 29.

Caterpillar (NYSE:CAT), Joy Global (JOYG), Bucyrus (NASDAQ:BUCY), Boeing (NYSE:BA)

Cramer thinks this is prime time for American companies, as the dollar is down against the yen. The result: American products will be cheaper abroad and industrials like Caterpillar (CAT) will perform well overseas. In fact, emerging markets is the name of the game, as thriving business abroad is the main reason so many companies have beaten earnings estimates.

Other companies that are poised to benefit from the weak dollar include: Joy Global (JOYG), Bucyrus (BUCY) and Boeing (BA).


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