{"id":58401,"date":"2026-04-30T19:56:45","date_gmt":"2026-04-30T19:56:45","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/58401\/"},"modified":"2026-04-30T19:56:45","modified_gmt":"2026-04-30T19:56:45","slug":"jim-cramer-contradicts-ubs-downgrade-of-nucor","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/58401\/","title":{"rendered":"Jim Cramer Contradicts UBS Downgrade of Nucor"},"content":{"rendered":"\n

Nucor Corporation (NYSE:NUE<\/a>) was among the stocks on Jim Cramer\u2019s Mad Money radar as he discussed the recent sell-off in AI-related stocks<\/a>. Discussing the company\u2019s recently reported quarter, Cramer said:<\/p>\n

Look at Nucor go. Last night, the biggest and best steel maker in America reported an amazing set of numbers that kind of blew me away, frankly. Nucor delivered a 42-cent earnings beat off a $2.81 basis, higher than expected sales, up 21% year over year. Now, that\u2019s not just from tariff-induced higher pricing\u2026 It\u2019s also, it\u2019s extremely high demand. Nucor had record quarterly shipment volumes, and management gave strong guidance for the current quarter.<\/p>\n

That\u2019s why the stock\u2019s been such a monster, up more than 90% over the past 12 months, including a quick 4.7% gain today. No one was really counting on this to happen. UBS downgraded the stock today from Buy to Hold, arguing that it\u2019s run too much. I think that\u2019s wrong, given that we\u2019re building data centers all over the country, reshoring a ton of manufacturing, on top of the fact that steel tariffs protect them from foreign dumping.<\/p>\n

\"\" <\/p>\n

Photo by Yiorgos Ntrahas<\/a> on Unsplash<\/a><\/p>\n

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.<\/p>\n

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<\/a>.<\/p>\n

READ NEXT: 33 Stocks That Should Double in 3 Years<\/a> and 15 Stocks That Will Make You Rich in 10 Years<\/a>\u00a0<\/p>\n

Disclosure: None. Follow Insider Monkey on Google News<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Nucor Corporation (NYSE:NUE) was among the stocks on Jim Cramer\u2019s Mad Money radar as he discussed the recent…\n","protected":false},"author":2,"featured_media":58402,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[129],"tags":[8366,23123,32501,23125,32500,223],"class_list":["post-58401","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ubs","tag-jim-cramer","tag-nucor-corporation","tag-reported-quarter","tag-steel-products","tag-structural-steel","tag-ubs"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116495422851635094","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/58401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=58401"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/58401\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/58402"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=58401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=58401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=58401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}