Joy Global (JOY +6.7%) CEO Mike Sutherland is confident China will continue to rely on cheap...

|About: Joy Global Inc. (JOY)|By:, SA News Editor

Joy Global (JOY +6.7%) CEO Mike Sutherland is confident China will continue to rely on cheap coal imports since it is too expensive to mine coal in China. While many utilities have been forced to get rid of coal for their power, Sutherland plans to continue to expand in emerging markets, particularly Asia. Jim Cramer views the stock as a "darkest before the dawn" situation.