We recently published a list of Did Jim Cramer Nail All These 9 Stock Predictions?w. In this article, we are going to take a look at where Nucor Corporation (NYSE:NUE) stands against other stocks that Jim Cramer discussed.
During a recent Mad Money episode, Jim Cramer discussed how President Donald Trump’s influence shapes the market’s behavior:
“When you see a grizzly bear in Yellowstone National Park, you call a park ranger because these bears are dangerous… but the grizzlies turn into teddy bears when the rangers come, and you can’t even remember what you were so afraid of…. We can only presume that the president can turn the grizzlies on Wall Street into teddy bears with a stroke of a pen or even just a post on the social media platform he owns. I’ve never ever seen the market bend so readily to the wishes of one man. It’s extraordinary.”
READ ALSO: What Happened After Jim Cramer Talked About These 13 Stocks and Jim Cramer Defended American Superiority and Discussed These 13 Stocks.
Cramer also addressed the tensions between President Trump and Federal Reserve Chairman Jerome Powell. He highlighted how Powell was painted a “major loser” whose removal seemed inevitable in Trump’s eyes. Cramer noted that the President clarified he had no intention of firing Powell, which eased Wall Street’s concerns. When the name-calling between Trump and Powell stopped, Cramer observed that the stock market surged higher as investors were relieved that the possibility of a constitutional crisis was no longer a threat.
“Now, I want to say something here. I think it is actually, it’s beyond belief how easy it is for this one man to tame a bear, even if it’s a bear that he released on us in the first place.”
Cramer also pointed out that the President’s suggestion of a potential deal with China, while vague, was seen as an improvement and contributed to the market’s upward movement. He noted that for those hoping for higher stock prices, Trump’s actions seemed to have worked.
“Bottom line: That’s how powerful Trump has become on Wall Street. On days like today, it’s helpful, but for most of the year, it’s going the other way. Of course, you never know who he’ll target next. We don’t want any of the big CEOs to be trashed. That could hurt. The market doesn’t care if he goes after law firms or colleges, but going after the Central Bank, different story. Right now, Trump owns Wall Street and only he can decide if that’s going to be a good thing or a bad thing. I think it’s time to go all in on good.”
Methodology
For this article, we compiled a list of 9 stocks that were discussed by Jim Cramer during the episode of Mad Money on April 23, 2024. We then calculated their performance from April 23rd, 2024, market close to April 25th, 2025, market close. We have also included the hedge fund sentiment for the stocks, which we sourced from Insider Monkey’s Q4 2024 database of over 900 hedge funds. The stocks are listed in the order that Cramer mentioned them.
Please note that this article mentions Jim Cramer’s previous opinions and may not account for any changes to his opinions regarding the stocks that are mentioned. It is primarily an examination of how his previously provided opinions have panned out.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
Nucor Corporation (NYSE:NUE)
Number of Hedge Fund holders: 51
Nucor Corporation (NYSE:NUE), the largest steel producer in the U.S., was a key focus in that episode following disappointing quarterly results. Despite the miss, Cramer reiterated his long-term support for the company, citing its buybacks, infrastructure tailwinds, and historical outperformance. Here’s what he said back then during a discussion with the company’s CEO:
“Now I’ve been a fan of this stock forever; actually since before the show began and I also see it as a winner from all the federal infrastructure spending and the company’s been a voracious buyer of its own stock, something that’s helped them put up tremendous earnings per share numbers over the past year. […]
[Talking directly to the CEO] When I read through what went on I really don’t see a lot of weakness, and yet, you decided to say that next quarter is going to be weak too. If you hadn’t I would have said that it’s ridiculous that the stock’s down. […]
I spent all day racking my brain and reach the same conclusion ahead of this interview which is that some you don’t get a chance to buy Nucor unless there’s a little bit of a discrepancy and otherwise it’s just going to be straight up; it has been since 1980s in the mid 80s, so I am with you.”
Despite his optimism at the time, Nucor shares have declined by 34.25% over the past year.
Nevertheless, Jim Cramer remains a fan of Nucor Corporation (NYSE:NUE) and has recently cited the company as a model of an American manufacturer. Here’s what he said on April 15:
“Nucor, every time they open a plant, is responsible for about eight new jobs besides the plant. That’s what’s so great about a steel plant. Just put so many, and Nucor, by the way, only puts plans where they actually are like desperate for more employees. The president should call Nucor and bring them in to say [interrupted] You get Nucor in a room, and you just have like a bonanza of positivity. It’s time for some positivity out of the White House.”
Overall, NUE ranks 7th on our list of stocks that Jim Cramer discussed. While we acknowledge the potential of NUE 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. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NUE but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
