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.
Jim Cramer told Action Alerts PLUS senior analyst Jeff Marks that new optimism that a deal can be completed is a reason to buy Nucor (NUE) - Get Free Report stock.
Watch: Nucor, Cleveland-Cliffs: What History Tells Jim Cramer About the Stocks
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.