Jim Cramer on Steel Dynamics: "It's an Excellent Company"

Steel Dynamics, Inc. (NASDAQ:STLD) is one of the stocks Jim Cramer shared his take on. Answering a caller’s query about the stock during the lightning round, Cramer said:

It’s an excellent company. I like Steel Dynamics, and I like Nucor. Those are the two. Wow, what a terrific buy. This is America doing well, and the tariffs working.

Steel Dynamics, Inc. (NASDAQ:STLD) is a major steel and aluminum producer that also operates a metal recycling business. The company makes everything from hot-rolled and coated steel to aluminum products, and also manages scrap processing and building components for the non-residential sector. Cramer discussed the company in light of tariffs during the March 18, 2025, episode, as he remarked:

I think Steel Dynamics is going to be a winner under President Trump’s tariffs against the companies that are subsidized by the Japanese and the Chinese and I totally support them on this. And I think you should buy, buy, buy Steel Dynamics.

It is worth noting that since the above comment was aired, Steel Dynamics, Inc.’s (NASDAQ:STLD) stock has gained almost 41%.

While we acknowledge the potential of STLD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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