Steel Dynamics, Inc. (NASDAQ:STLD) was among Jim Cramer’s stock calls on Mad Money as he discussed how semiconductor and AI infrastructure stocks are driving the market higher.
Noting that they have held the stock for five years, a caller asked whether they should continue to hold it or switch
Cramer commented, “Steel Dynamics is a great company. Why would you do anything other than [buy, buy, buy]?” Photo by Artem Podrez on Pexels 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.
During the January 22 episode, a caller asked about the stock during the lightning round, and Cramer responded: It’s an excellent company. I like Steel Dynamics, and I like Nucor. Those are the two.