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Jim Cramer Says He Likes “Commercial Metals Very Much” But Prefers Nucor

Commercial Metals Company (NYSE:CMC) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. Answering a caller’s query regarding the stock, Cramer said:

Commercial Metals, I like Commercial Metals very much, but I’m going to steer you towards Nucor, which had another great session. I think Nucor could be a straight shot to $200. I wish that I had recommended it for my Charitable Trust. We made some changes today. Can’t change all at once, but NUE is the one you want.

Commercial Metals Company (NYSE:CMC) processes and recycles scrap metal and manufactures a variety of finished steel products and armor plates. In addition, the company provides specialized fabrication services and construction equipment for large-scale infrastructure and industrial projects. The company reported its Q2 2026 earnings on March 26.

It posted a non-GAAP EPS of $1.16, missing estimates by $0.14, and generated revenue of $2.13 billion, which was up nearly 22% year-over-year and beat estimates by $60 million. For FY26, Commercial Metals Company’s (NYSE:CMC) management expects to generate between $165 million and $175 million in EBITDA.

While we acknowledge the risk and potential of CMC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CMC and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years 

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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