Jim Cramer Shared His Game Plan: 26 Stocks in Focus

Page 25 of 25

1. Nucor Corporation (NYSE:NUE)

Number of Hedge Fund Holders: 47

Nucor Corporation (NYSE:NUE) is one of the stocks in focus in the game plan Jim Cramer shared. Cramer started his game plan with the stock and stated:

“How about earnings? Monday night, our largest steel company reports. That’s Nucor, and I think we’re going to hear plenty of praise for President Trump’s tariffs that have kept other countries from dumping their government-subsidized steel into our country at excessively low prices. China wiped out most of our steel producers except for Nucor and Cleveland-Cliffs. Nucor’s the best steel maker in the world, but it can’t transcend what amounts to a sluggish environment away from the data center. In this economy, I can’t expect a blowout, even as I do like the company very much. Too bad. Might be an opportunity, though.”

Nucor Corporation (NYSE:NUE) manufactures and sells steel and steel products, including sheet, plate, bar, and structural steel. The company also produces raw materials like direct reduced iron and scrap metal.

While we acknowledge the potential of Nucor Corporation (NYSE:NUE) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NUE and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 25 of 25