Jim Cramer Says Cleveland-Cliffs “Needs More Economic Activity to Do Better”
Group 1 - Cleveland-Cliffs Inc. is facing challenges due to tariffs impacting its stock performance, although it has performed better than it would have without these tariffs [1] - The company produces flat-rolled and specialty steel products, including stainless, electrical, and tubular steels, as well as iron ore and hot-briquetted iron [3] - Comparatively, Nucor is viewed as a superior operator in the steel industry, with a strong performance and potential for purchase at a discount during market weaknesses [3] Group 2 - There is a belief that certain AI stocks may offer greater upside potential and carry less downside risk compared to Cleveland-Cliffs [4]