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Trade War? These Stocks Say No Way

By Jim Cramer

About this article:
Here's what we're seeing today, versus what we should be seeing if there is a trade war with China brewing: First, the company I regard as most levered to China -- Joy Global , because of its book of mining business -- is up nicely, about $1.30. It should be down. Second, I see that Caterpillar , which has big exposure to China, is really doing very well with the stock up 30 cents. Third, Peabody , a giant coal producer that does big business with China, is up $1.74. It should be down if we took this ruling seriously. Fourth, Nucor , which is part of a potential rollback in prices -- a story said so this weekend -- is strong today. That shouldn't be. Fifth, Goldman's got a real solid Chinese business and it's hitting a 52-week high -- again, not a sign of a trade...

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