Mad Money w/ Jim Cramer Mad Money w/ Jim Cramer 04/29/25
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Apr 29, 2025 Leon Topali, Chairman, President, and CEO of Nucor, shares insights into the steel industry and the optimistic outlook for American manufacturing. He discusses how Nucor is positively impacting local communities and navigating economic challenges, including job creation and strategic pricing influenced by tariffs. The conversation also highlights the revitalization of steel production and the importance of creating a fair competitive environment for growth. Listeners will gain a fresh perspective on investing in a rapidly evolving market.
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Stock Ownership Is Widespread
- More than 60% of Americans directly or indirectly own stocks, debunking the myth that stock ownership is limited to the rich.
- Stock market direction matters broadly, affecting tens of millions beyond the wealthy elite.
Nucor Backlog Signals Strength
- Nucor reports strong backlogs and growing demand despite recession fears, signaling industry resilience.
- Steel industry health is a bellwether for broader economic strength and national infrastructure needs.
Long-Term Stock Picking Works
- Picking and holding the right stocks over the long haul can generate staggering returns.
- Invest with discipline, do your homework, and focus on high-quality growth companies.