Cramer told fans of his “Mad Money” show Thursday night that he sees tons of upside for Bucyrus (BUCY) and Joy Global (JOYG). He originally recommended both stocks in March and investors have seen 17% gains since his call. Cramer thinks the gains are just beginning. Cramer welcomed Timothy Sullivan president and CEO of Bucyrus to the show to discuss his company’s future. Sullivan told Cramer that Bucyrus is a high tech company. He explained that the company makes high tech excavators that can be controlled by laptops from anywhere in the world. “Anywhere you can plug in a laptop computer, you can tap into the computer systems on these excavators,” said Sullivan. He went on to say that higher raw costs aren’t leading to lower sales of the company’s machines. Sullivan explained that the company comes full circle and passes on costs to its customers. They sell equipment to miners who sell their iron ore and coal to steel producers, then BUCY buys that steel for its equipment. “It’s a full circle, and it works for us,” he said. Cramer thinks BUCY should move from a company with a market cap of $5 billion to $10 billion and that would produce a 100% return for the shares.
Join the fastest growing community of small cap investors at Stockhideout.com