Jim Cramer Finds Elon Musk’s Grok AI Creepy & Discusses These 12 Stocks

7. Cleveland-Cliffs Inc. (NYSE:CLF)

Number of Hedge Fund Holders In Q1 2025: 43

Cleveland-Cliffs Inc. (NYSE:CLF) has featured several times on Cramer’s morning show in 2025. Most of these appearances have surrounded Japan’s Nippon Steel’s purchase of US Steel. The deal has created quite a bit of controversy, particularly surrounding the ownership of American firms in key industries in foreign hands. Cleveland-Cliffs Inc. (NYSE:CLF) has ardently opposed the deal, and Cramer has speculated that the firm might end up buying US Steel instead. His previous remarks about the firm have remained appreciative of the firm’s CEO and asserted that the firm has been hurt by cheap Chinese steel flooding the US market. His recent comments about Cleveland-Cliffs Inc. (NYSE:CLF) surrounded the US Steel deal after co-host David Faber pointed out that the deal was going to close and Nippon was going to own US Steel:

“Well I think that I wanted it [CLF] to win because I have been very suspicious of Nippon Steel which has had a history I believe of dumping in our country. And that is I’m getting that Dan DiMicco, the former CEO of Nucor who has continually told me the kind of dumping that we’ve seen around the world.

]”David, Cleveland-Cliffs, the balance sheet not as strong as I would hope. . . Look, Cleveland-Cliffs is. . .you can say that it’s predominant, a lot is auto steel. And auto is a section of the economy that we don’t talk enough about. Because that could be PDD’d, too. PDD, being, unfortunately deminimis. I’m just very concerned about Ford and GM. I just think that they, like many companies, build a lot of infrastructure, that was around, electric vehicles. They are under pressure.”

In his previous remarks, Cramer commented on some problems:

“I think the problem [with] Cleveland- it’s two problems, one is the balance sheet’s not that good, and two, there’s got to be demand. If the auto companies are really cutting back – and I think you’re gonna have to after the initial spur – that is going to make it so that the the numbers have to go lower. If the numbers go lower, Cleveland Cliffs and the stock’s going to go to 65.”