Jim Cramer discussed 13 stocks, including Cleveland-Cliffs Inc. (NYSE:CLF), whose shares rose due to a rare earth metals announcement by the CEO. Cramer praised the company for refocusing on rare earth mining assets in Michigan and Minnesota. Potential for high returns with AI stocks over CLF.
Cleveland-Cliffs Inc. (NYSE:CLF) saw a 20% increase in shares after CEO Lorenzo Goncalves announced a focus on rare earth metals. Cramer praised the move, citing the potential in the US steel market and AI stocks for higher returns. CLF looking at mining assets in Michigan and Minnesota for rare earth.
Cramer praised Cleveland-Cliffs Inc. (NYSE:CLF) for refocusing on rare earth mining assets in Michigan and Minnesota. CEO Lorenzo Goncalves’ announcement sparked a 20% increase in shares. Cramer sees potential in the US steel market and AI stocks for high returns. CLF seeks opportunity in rare earth metals.
Read more at Yahoo Finance: Jim Cramer Couldn’t Stop Gushing About Cleveland-Cliffs’ (CLF) Rare Earth Announcement
