Jim Cramer Discusses These 11 Stocks & President Trump

Page 3 of 10

8. Nucor Corporation (NYSE:NUE)

Number of Hedge Fund Holders In Q3 2024: 32

Nucor Corporation (NYSE:NUE) is one of the largest steel companies in America. Its stock is down by 26.7% over the past year due to weakness in the US steel market via lower prices and an overall depression in the industrial and construction sectors. Another factor that Cramer has regularly pointed out as being a reason behind Nucor Corporation (NYSE:NUE)’s weakness is cheap Chinese steel coming into the US via Mexico. With President Trump’s latest engagement with Mexico having yielded results, here are Cramer’s latest remarks:

“Nucor hit a bottom. Amazing. Largest steel company.”

“They’re the big winners because Chinese steel’s not going to come in anymore. I think it’s very important.”

Page 3 of 10