Jim Cramer’s Game Plan: 19 Stocks in Focus

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

Number of Hedge Fund Holders: 52

Cleveland-Cliffs Inc. (NYSE:CLF) is one of the stocks in focus on Jim Cramer’s game plan. Cramer noted that the tariffs are hurting the stock, as he remarked:

Monday morning, and that’s where we hear from Cleveland-Cliffs. Talk about a company that’s hurting. This is a steel company that’s done better than if there were no tariffs, but not as well as Cramer fave, Nucor, with a stock that’s had a tremendous year. Cliffs needs more economic activity to do better. It’s discouraging, but I’m not giving up on what lower interest rates could do for a steel maker that’s not as good as Nucor.

Cleveland-Cliffs Inc. (NYSE:CLF) produces flat-rolled and specialty steel products, including stainless, electrical, and tubular steels, as well as iron ore and hot-briquetted iron. A caller mentioned their outsized position in the stock during the January 26 episode and asked whether the stock was a buy, sell, or hold. In response, Cramer commented:

Okay, my favorite is Nucor. I’m not going to recommend Cleveland-Cliffs over Nucor because I think Nucor is the superior operator and has been for some time now. You’re going to be able to buy Nucor at a discount. They reported a number of people didn’t like it, but it was at its 52-week high going into the session. Call me a buyer of Nucor on any weakness. You know, I think that Leon Topalian does a fantastic job with that company.

While we acknowledge the potential of Cleveland-Cliffs Inc. (NYSE:CLF) 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 CLF 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.

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