Jim Cramer Calls Nucor the "Best Steel Company in the World"

Nucor Corporation (NYSE:NUE) is one of the stocks in focus as Jim Cramer shared his weekly game plan. Cramer suggested buying the stock in case of a pullback after the company’s earnings report, as he commented:

Let’s get it started with, I’m calling this cyclical week. You know why? Many of the big industrials and material companies report this week, and it starts with the best steel company in the world, Nucor. Now, with about two weeks left in the fourth quarter, as it always does, Nucor pre-announced its earnings results, and those numbers came in well short of Wall Street’s expectations. Didn’t matter. Stock jumped… about 12% since then. And that’s what happens when the Fed cuts rates, and there are tariffs on foreign steel, as there should be. If the stock gets hit on Monday, you should be a buyer.

Nucor Corporation (NYSE:NUE) manufactures steel and steel products, including sheet, plate, bar, and structural steel. The company also produces raw materials, metal products, and industrial gases for construction, manufacturing, and energy applications. During the episode aired on December 22, 2025, Cramer said that he always thought it was a good stock, as he stated:

Regular metals, generally up with the help of tariffs, but a lot of crops and chemical stocks are very bad. That explains why we’ve seen a middle-of-the-pack performance overall for the materials group, which is up about 9% for the year… but within that, we’ve seen huge disparities. 40% plus declines for chemical companies like Dow and Lyondell, but also 40% increases for companies like Nucor and Steel Dynamics. Didn’t see these before, but you know what? I should have told, I should have pushed hard on Nucor. I always knew that was a good one.

While we acknowledge the potential of NUE 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.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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