Jim Cramer Says Cleveland-Cliffs “Needs More Economic Activity to Do Better”

SelfRugger · 2026-02-10T16:19:19+00:00

Jim Cramer discussed Cleveland-Cliffs Inc., noting that the company requires more economic activity to improve, and compared it unfavorably to Nucor. Cramer pointed out that while Cliffs has potential, Nucor is the better investment choice.

SelfRugger

2026-02-10 16:19:19

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Jim Cramer Says Cleveland-Cliffs “Needs More Economic Activity to Do Better”

Syeda Seirut Javed

Wed, February 11, 2026 at 12:58 AM GMT+9 2 min read

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CLF

-0.41%

NUE

-1.62%

Cleveland-Cliffs Inc. (NYSE:CLF) is one of the stocks in focus on Jim Cramer’s game plan. Cramer noted that the tariffs are hurting the stock, as he remarked:

Monday morning, and that’s where we hear from Cleveland-Cliffs. Talk about a company that’s hurting. This is a steel company that’s done better than if there were no tariffs, but not as well as Cramer fave, Nucor, with a stock that’s had a tremendous year. Cliffs needs more economic activity to do better. It’s discouraging, but I’m not giving up on what lower interest rates could do for a steel maker that’s not as good as Nucor.

Photo by Adam Nowakowski on Unsplash

Cleveland-Cliffs Inc. (NYSE:CLF) produces flat-rolled and specialty steel products, including stainless, electrical, and tubular steels, as well as iron ore and hot-briquetted iron. A caller mentioned their outsized position in the stock during the January 26 episode and asked whether the stock was a buy, sell, or hold. In response, Cramer commented:

Okay, my favorite is Nucor. I’m not going to recommend Cleveland-Cliffs over Nucor because I think Nucor is the superior operator and has been for some time now. You’re going to be able to buy Nucor at a discount. They reported a number of people didn’t like it, but it was at its 52-week high going into the session. Call me a buyer of Nucor on any weakness. You know, I think that Leon Topalian does a fantastic job with that company.

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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.

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