We recently published a list of Jim Cramer Talked About These 16 Stocks Recently. In this article, we are going to take a look at where Nucor Corporation (NYSE:NUE) stands against other stocks that Jim Cramer discussed recently.
The Mad Money host did not recommend buying Nucor Corporation (NYSE:NUE) but said that he would wait to buy the company “on weakness,” as he commented:
“… Higher tariffs by themselves are not a good enough reason to buy the stock. I do not recommend paying up here. I’d rather wait for an opportunity to buy Nucor on weakness again… So why hasn’t Nucor been able to hold on to its gains from positive developments in the past? Simple. While tariffs on imported steel are certainly helpful, they’re not the only thing that matters to this business…
A close-up of a worker inspecting a galvanised sheet steel product in a well-lit warehouse.
Nucor (NYSE:NUE) manufactures a wide range of steel products and raw materials, including sheet steel, structural components, and processed metals, while also engaging in metal trading, scrap processing, and industrial gas supply.
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