Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Cleveland-Cliffs (CLF) Faces Turmoil, Cramer Discusses CEO’s Silence on US Steel Acquisition

We recently published a list of Jim Cramer Discussed These 29 Stocks Ahead Of Major AI Event. In this article, we are going to take a look at where Cleveland-Cliffs Inc. (NYSE:CLF) stands against other stocks ahead of major AI event that Jim Cramer discussed.

In his appearance on Squawk on the Street the day CES took place in Las Vegas, Jim Cramer commented on the stock market division that persisted throughout 2024 and is present in 2025 as well. The division has seen technology stocks perform well, while other rate-sensitive sectors such as industrial and materials stocks have languished. Cramer commented on the reasons behind it: “I think that’s because people perceive that the rest of the market is hostage to rates. And that tech is not hostage to anything. So I’m aware of that and I’m just concerned that you have this speech tonight, nine-thirty Jensen Huang, everyone’s, we’re really kind of, whatever he says, is going to move things.”

In fact, this division is so prevalent that some of the biggest asset managers in the world have also been unable to remain immune to it. Mentioning a piece in the Financial Times, Cramer shared that it commented about “private equity and private equity trying to get into the 401(k) business.” He added and mentioned, “Marc Rowan CEO of Apollo says, I jokingly say sometimes we levered the entire retirement [inaudible] to NVIDIA’s performance! So [inaudible] we’ve got the NVIDIAs of the world which everybody likes and on the other hand, there’s these stocks are, they really are hostage to rates and no one wants them!”

However, even though technology stocks have stood the test of high interest rates, they might falter in some circumstances. One of these can be bond yields, and if the thirty-year yield spikes to 5%, then Cramer believes “that will start interfering with this tech rally that seems to be motivated by a lot of analysts coming out and saying this is the time, there’s now reacceleration in tech spend.”

The CNBC host also speculated on what Jensen Huang might end up talking about at CES later in the day. He stated “I think that one of the things that Jensen is going to talk about today are all the new use cases. This is tonight’s CES talk. It wouldn’t surprise me if we start hearing about robots. It wouldn’t surprise me if we didn’t hear a lot about Tesla. Tesla and self-driving cars. Tesla and the neural network that is based on NVIDIA!”

Along with industrial and material stocks, another sector that’s caught Cramer’s attention is banks. Mentioning a recent investment bank note about the sector he believes that “one of the groups that I think we have to focus on, there’s a really interesting, uh, Barclays piece on the banks. Darkest before dawn. Raising the group for the first time since 2019, emphasis here on Citi.”

Cramer also outlined that while technology valuations might appear to be overstretched, this isn’t the case with banks. He shared “This is a group that when you look at it, they’re selling at 11 times 2026 numbers. So the idea that you have this valuation problem in the market, well look at these stocks! There’s no valuation problem with materials. Or with banks.” He added “The valuation problem is with the stuff that keeps getting upgraded, which is enterprise software. So there’s a little duplicitous nature among the top people who work at these firms because they should be saying look, there are two markets. There’s the inexpensive market and we’re warming up to it, and the expensive market, and we don’t know what to do.”

Our Methodology

To make our list of the stocks that Jim Cramer talked about, we listed down all the stocks he mentioned during CNBC’s Squawk on the Street aired on Monday.

For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds invest in? 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 275% since May 2014, beating its benchmark by 150 percentage points. (see more details here).

A welder in a hardhat soldering steel plates to a blueprint plan.

Cleveland-Cliffs Inc. (NYSE:CLF)

Number of Hedge Fund Holders In Q3 2024: 40

Cleveland-Cliffs Inc. (NYSE:CLF) is an American steel company that’s been caught smack in the middle of a major controversy in the industry. This controversy has seen the Biden Administration block Japanese Nippon Steel’s acquisition of US Steel, an occurrence that Cleveland-Cliffs Inc. (NYSE:CLF)’s CEO predicted well in advance. However, now that the deal is blocked, some are wondering whether Cleveland-Cliffs Inc. (NYSE:CLF) will buy US Steel instead. Cramer’s remarks surrounding the firm covered the controversy as he shared:

“Well I mean Cleaveland Cliffs has said, uh, over and over again, they’re gonna get it [US STEEL], Cleaveland Cliffs is gonna get it. Now he’s going silent here, I’m speaking of Lourenco Goncalves, he’s just going silent. I’ve been trying over and over to get him on air, because he’s very, I’d say effusive about what’s been going on. But Lourenco Goncalves has told me again and again after they do the Steelco deal he has the room to be able to do this. Meantime his stock has just been clubbed. So I don’t think people necessarily want the stock, but the steel stocks all together have just been horrendous and a lot of that I believe is because of Mexican transshipment of Chinese steel. That’s what the Nucor people would tell you is keeping things down. Nucor guiding down again, a fine company that really I think it is spot on when it says that it’s Chinese steel depressing the market.”

Overall, CLF ranks 21st on our list of stocks ahead of major AI event that Jim Cramer discussed. While we acknowledge the potential of CLF 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 CLF but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock

Disclosure: None. This article is originally published at Insider Monkey.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29.99, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.99.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a year later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…