Jim Cramer’s Game Plan: 17 Stocks in Focus

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

Number of Hedge Fund Holders: 49

When commenting on Cleveland-Cliffs Inc. (NYSE:CLF), Cramer expressed worry about steel imports from Mexico.

“I also care about Cleveland-Cliffs so when it reports as this steel company has been beaten up by cheap exports from China via Mexico transshipment, they call it, I worry about how it’s doing, whether the US can actually stop these darn subsidized transshipped imports.”

Cleveland-Cliffs (NYSE:CLF) is a North American manufacturer of flat-rolled steel, offering a variety of steel products. Earlier in January, Cramer was discontent with steel stocks like CLF and said:

“Well, I know I was, I was into the company today, trying to get them to come on tonight’s show. Now here’s the problem: Honestly, the steel stocks are the worst stocks in the market and I think that you could buy this stock and if you’re willing to take a point or two down, then I think it’s okay but you have to accept the fact that that’s exactly what could occur.”

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