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A Lot of Pluses for Nucor

By Jim Cramer

 About this article:
 Putting my hedge fund hat on, I can tell you that when I read an upgrade of Nucor because its shares have been "lagging," I have to laugh. I mean, come on, Citigroup ! Nucor's stock has doubled from its low. How can it be considered a laggard? It's been on fire of late. Plus, it just spiked from $43. How can I come in now and buy? But then when I think about it, Nucor, the best steel company in the world, is up less than 10% this year. The stock has barely moved vs. its cohorts, and the worst companies in the industry are up much more. Plus, Nucor is run by the best executive in the industry, if not all of the capital equipment industries, Dan Dimicco. Plus, the stimulus hasn't even kicked in yet. There are almost no big infrastructure orders in the system...

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