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For an "Executive Decision" segment, Cramer spoke with John Ferriola, chairman, president and CEO of Nucor (NUE) , the steel maker that's up 18% since election.
Ferriola said that 2017 is shaping up to be better than 2016 for Nucor and industry-wide utilization rates and pricing is up while imports and inventories are down. Nucor is in an especially good position, Ferriola noted, as his company invests during the downturns so it will be at its strongest during the upswings.
When asked about President Trump's tax reform and border tax proposals, Ferriola said that Nucor would invest and grow if it paid less in taxes. He added that his company's joint venture in Mexico is actually exporting steel into that country since the automakers have invested billions in new factories that need steel.
Turning to the topic of trade, Ferriola said that Nucor will continue to fight for free, but fair, trade and while the U.S. has made progress on rolled products, others items, like rebar, still could use some government assistance to level the playing field.
When it comes to the steel stocks, Cramer said simply, "This is the one to own."
Meanwhile, on Real Money, Cramer says there's not a lot that would make Valeant (VRX) particularly attractive. Check out his pithy analysis with a free trial subscription to Real Money.
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