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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
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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
You can buy either now, because of the very-likely infrastructure plan. It's rebounding back to earlier highs. He targets $126 after the bill is finally passed.
BUY
Who will benefit from the $1 trillion infrastructure bill? There's a decade, not a month, of spending here, so there will be long-term gains for certain stocks. Technical analyst Bob Lang suggests: Infrastructure will need lots of steel. It's up 133% YTD, but Lang targets $175 or another $50. If this soars, it will do well for years, not a short time.
BUY
Lazy thinking is getting in the way of a good story and quality stocks. For example, Nucor. He got back into this steelmaker at $107 earlier this year, then tumbled to $89. He bought more at $89, then Nucor reported a great quarter and shares surged back up. Today, it's back to $107. So, sell it because I'm back to even? No, a mistake. It's totally lazy thinking. Nucor trades at 6x earnings and Biden will likely pass his $1 trillion infrastructure bill which will push up steel stocks. So he shall hold. Emotion drove his decision to nearly sell.
BUY
Trades at around 4-5x earnings with a terrific balance sheet and pays a healthy dividend. Still has room to run. Even if the Delta variant crushes the market and this stock, NUE will still be trading cheaply.
BUY
He totally disagrees that things won't get better, that this quarter was great and can't get better. Rather, we're in year one of a multi-year cycle, and Biden won't remove tariffs which will protect Nucor. Buy this now, and buy even more in the $80s.
BUY ON WEAKNESS

It's the second-best performer on the S&P, up 105% YTD. Those fearing an interest rate hike will lead to steel prices cooling and NUE's business cooling, because anything using steel (ex-infrastructure) might be hurt by higher rates. Despite that, Nucor bought a Cornerstone Building Brands today, which may be good for their business. But the stock sold off today anyway over 1%. He thinks this is a great buying opportunity. NUE has a great track record when the cycle gets going like now.

BUY
It's a multi-year investment. It's the best-performing stock on the S&P this year. Buy this for several years--that's the timeline. The price target is secondary.
BUY ON WEAKNESS
This can be quite cyclical, though it's done very well. Given this run up, definitely wait for a dip. Also, watch steel prices closely and if imports are increasing, which could weaken NUE's earnings.
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It's a Monthly Gems opinion which is available only for Stockchase Premium

Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK
This is America's largest steel producer and will directly benefit from an infrastructure boom as everything from bridges to buildings will need steel. Also, makers of cars and applicances are bouncing back strongly from last year's lockdowns. In mid-March, Nucor issued guidance by projecting $3.10 EPS, which was far above the street's $2.79. A month later, the company released Q1 earnings of US$942.4 million, which vaulted past its previous quarterly high from 2008 by more than US$200 million. Further, the company stressed in its forecast that current strong demand “will continue through the rest of 2021” and 2021 profits should reach US$1.9 billion, close to matching previous record annual earnings. The good times are likely to continue, though there's always the chance that foreign competitors could limit demand for Nucor. Chances are, however, that the next few quarters look rosy.
BUY
The biggest, best steelmaker in America. They reported in line yesterday and forecasted a rosy year. Near-term strength is baked in. The next quarter could see peak earnings, but he thinks this is wrong. Rather, they'll continue to excel.
BUY
They report Thursday. He expects the steelmaker to report incredible numbers.
BUY
The best of breed steelmaker. They delivered interim quarterly guidance last week, projecting $3.10 EPS which was much higher than Wall Street's $2.79 expectations. He thinks they can deliver this, which would be there best EPS ever. NUE is trading at only 8x earnings. There's lots of room to run.
BUY
A past pick from summer 2020 when we started turning the corner on the pandemic The best of the American steelmakers. NUE has been lifted by vaccine news and after the Democrat Blue Wave. Infrastucture is expected to pop, and infrastructure needs steel. A cyclical that still has room to run.
BUY
The manufacturing sector has run up because there are few American industrial stocks. Pays a 3% dividend, trading at 21x earnings. It could be a bargain now, down 13% YTD. There's been some movement up for steel because cars are booming. This reports on Thursday. He doesn't expect much surprise, but this is the best in this sector.
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