The Senate voted to push ahead with the $1 trillion bipartisan infrastructure plan Wednesday, meaning the process of debating and amending the bill can now begin.
As of intraday trading Thursday, Nucor traded over 3% higher to $103.10.
"You should buy Nucor right here," Cramer said.
Recap TheStreet Live: Everything Jim Cramer Is Watching 7/29/21
Nucor is a holding in Jim Cramer's Action Alerts PLUS charitable portfolio.