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Jim Cramer: Buy a Little Nucor

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Should investors worry about inflation?

"On [Mad Money's] No-Huddle Offense, Cramer talked about the risk of inflation. While he believes it will be temporary, it also has the potential to be “a real doozy," wrote TheStreet's Scott Rutt in his Mad Money recap. "The Federal Reserve doesn’t want to raise interest rates and Cramer doesn’t want to, either. However, now that the “great reopening is upon us” and with so much stimulus out there, he fears that the Fed may be forced to tighten."

"It’s also what the bond market is suggesting. Further, demand for products like steel, lumber and semiconductors is robust. As a result, companies are raising the prices of these products, driving inflation higher," he continued. "There are real world problems driving supply issues — like lumber tariffs with Canada, the blocked Suez Canal and the winter storm in the South — but when combined with the reopening momentum and surge in demand, it’s creating serious inflation concerns, Cramer said."

You can follow Jim Cramer and Katherine Ross on Twitter at @JimCramer and @byKatherineRoss. Read more from Katherine Ross here.

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