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Jim Cramer's Stop Trading! Bidding for Steel

He likes AK Steel, U.S. Steel and Wheeling Pittsburgh.

The acquisition of

Bayou Steel


shows the sector is ripe for consolidation, Jim Cramer said on


"Stop Trading" segment Friday.

Names such as

AK Steel

(AKS) - Get AK Steel Holding Corporation Report


U.S. Steel

(X) - Get United States Steel Corporation Report


Wheeling Pittsburgh


are possible benficiaries.

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"You could wake up on Monday and any one of these could see a bid -- they're just too cheap," Cramer said. "I see more upside coming."

Copper is another hot spot, with names like

Southern Copper


poised to benefit.

Regarding a filing by Carl Icahn in which the billionaire investor said he might oppose the acquisition of





(MU) - Get Micron Technology, Inc. Report

, Cramer said Icahn "should just be glad he got a bid and move on." Lexar "just has not figured it out at all," businesswise.

Cramer again praised brokerages

Goldman Sachs

(GS) - Get Goldman Sachs Group, Inc. Report


Lehman Brothers



Bear Stearns


, this time citing the federal government raising its debt ceiling.

"When the government raises the ceiling on how much it can borrow, you should be thinking bond-trading," an area in which all three are powerhouses, Cramer said.

Cramer also said

Newell Rubbermaid

(NWL) - Get Newell Brands Inc Report

could go to "$28 or $29 in the near future," thanks to new management.

At the time of publication, Cramer was long Southern Copper.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for, Inc., and CNBC, and a director and co-founder of All opinions expressed by Mr. Cramer on Mad Money are his own and do not reflect the opinions of or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or is related to the specific opinions expressed by him on "Mad Money."

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