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NYSE:NUE

Nucor Corp. (NUE)

243.83
-8.77 (3.47%)
as of Jun 18, 2026, 8:00:00 pm Market Open.
69 watching
0
Investor Insights
star iconJun 18, 2026, 12:00 am

This summary was created by AI, based on 2 opinions in the last 12 months.

Nucor Corp., which is set to report earnings soon, has recently faced challenges with earnings expectations, as highlighted by a disappointing pre-announcement two weeks prior. However, in a surprising market response, shares have shown resilience, benefiting from favorable factors such as steel tariffs and anticipated interest rate cuts. Furthermore, Nucor's financial health is viewed positively, especially in light of its plans for expansion. It appears to have a stronger balance sheet than some competitors, such as Cleveland-Cliffs (CLF), and is perceived as less vulnerable to fluctuations in the automotive sector. Given these points, if there is a dip in share prices following the earnings report, experts suggest it could be a good buying opportunity.

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Consensus
Buy
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Valuation
Undervalued
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STLD
BUY
They announced several new factories, producing a lot more steel--highest quality in the world--and have hired a lot more people.
BUY
The country's biggest steelmaker just put up great numbers, driven by an extraordinary demand for cars.
BUY ON WEAKNESS
Too much negativity around steel now. His steel play is Nucor, but wait till it comes down further.
DON'T BUY
Steel prices are coming down, so don't buy Nucor at this point at the economic cycle. If energy comes back, so will Nucor, but he would buy energy before Nucor.
COMMENT
Steel prices are falling. If energy prices come back, so will Nucor.
WATCH
Likes it but has sold shares from February to early April, because cyclicals get hit when the Fed tightens aggressively. Shares have fallen so far that it trades under 5x earnings; Wall St. worries earnings will plunge in 2023 after the Fed kills inflation (and high steel prices). The stock could be attractive now. Today, Nucor announced it will buy C.H.I. Overhead Doors (makes garage doors) and shares fell because it puzzled investors.
PARTIAL SELL
He recently trimmed his position in order to be ready to seize opportunities both in tech and non-tech, if the Fed raises rates and the market comes down. Nucor was up a lot, so he took some profits.
BUY
Among the 10 top performers on the S&P of 2021 #10, up 115%. This boasts multi-year rallies, so he thinks this has a chance of repeating 115%. Pricing in steel will stay strong this year. Earnings estimates are way too low. The street disagrees with him which makes him like this even more.
BUY
It sold off hard this week. They last reported margin pressure which freaked out the street. He bought when this sank at $14 and his since risen, like 6% today. People get way too negative, too quickly, but take longer to get positive. Pays an okay dividend. It's an cyclical, but as extreme as others. Take advantage on the protective steel tariffs, which lets this stock blossom. This stock does well early in a rate-hike cycle. Also, Biden has passed his infrastructure bill, so that's a tailwind. Secondly, autos are in short supply at least for a quarter or two, and NUE makes steel for those. Thirdly, oil drillers need steel. It should be a core position, and it's levered to several industries. Strong management. It's a rare growth-cyclical stock which the market craves now. Trades at a low PE.
BUY
Contractors who will benefit from the this bill. He should've bought this when the bill was siged. Instead, he own and would buy Nucor, the biggest steel producer. A growth company and he sees 2022 as an up year. Has a low PE.
BUY
Opportunities after the infrastructure bill has been signed? A growth company and he sees 2022 as an up year in earnings, though analysts see it downward. Has a low PE. It's actually unrelated to the infrastructure bill
BUY
American's biggest steelmaker. He's long heralded this as the best and cheapest way to play a recovery in autos and construction. However, analysts say that the infrastructure bill news was already baked into current shares. Wrong! After the infrastructure bill past last Friday, shares jumped 5% today, closing at 3.6%.
BUY
US and Canadian steel should do well over next couple of years. China is not increasing production, to help the environment. High quality. He owns STLC. He'd be fine owning this one. Lots of earnings leverage as the cycle improves.
BUY
Almost every analyst predicts steel will get crushed in 2022. But there's nothing to slow steel demand out there and demand will remain steady. NUE is a top producer and trading cheaply. Steel is subject to tariffs, and there's no new supply coming.
BUY ON WEAKNESS
They're best of breed, led by strong management. Offers environmentally friendly practices in steel production and a solid balance sheet. Steel prices could remain stable and not slide, given onoing demand for steel. Plus, they're buying back a ton of shares and he thinks they will continue to. They have so much clash. They are one of the best cyclicals now. It's down 20% from its high; shares are on sale. GS just downgraded this unfairly.
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