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Investor Insights

This summary was created by AI, based on 5 opinions in the last 12 months.

Nucor Corp. (NUE) is facing a challenging market environment due to external pressures from Chinese steel dumping via Mexico, which is affecting steel prices and, subsequently, Nucor's performance. Experts note that if tariffs on Chinese steel are imposed, it could significantly boost Nucor's stock performance. However, the company recently issued disappointing guidance after its earnings report, leading to a downturn in share prices, further exacerbated by a general decline in copper prices. As Nucor continues its strategy of growth through acquisitions, there's speculation about its potential to purchase US Steel, which could reshape its market position. Overall, while the company has strong fundamentals, recent developments suggest volatility and uncertainty ahead.

Consensus
Negative
Valuation
Undervalued
DON'T BUY

China, through trans-shipments, is dumping steel through Mexico to pressure steel prices, therefore hurting Nucor. If and when Trump stops this, then NUE shares will rocket.

BUY

Trump will likely slap tariffs on steel from China, making Nucor a buy.

DON'T BUY

Shares are plunging with copper prices.

DON'T BUY

The country's best steel company. They just reported, but issued worsening guidance, and shares sank.

COMMENT

It reports Monday. It grows by acquiring that could buy US Steel.

BUY

With so few steel companies, Nucor and Cleveland Cliffs enjoy scarcity value with enough business to keep pricing up, though Nucor has a much better balance sheet. It reports Monday.

BUY

Steel tariffs that the U.S. has placed on China are good for Cleveland Cliffs but great for Nucor. Also, Nucor benefit from being a low-costs producer.

BUY ON WEAKNESS

The best steel company, but nobody will buy this if we enter a recession. This could go even lower, so wait for a lower price.

BUY

Has outlasted all its steel peers over time. Superior balance sheet and has raised its dividend for 50 years. Trades at only 5x trailing earnings. However, the street predicts EPS to fall by half between 2022's peak and this year, and even lower in 2024. His take: if we avoid recession, shares will soar. Also, Nucor will supply most of the steel needed during the coming wave of infrastructure spending, driven by the IRA act. A long-term investment.

BUY ON WEAKNESS

Buy at $160-165. Shares have moved up too fast, but it's the best steel stock. Warning: can be volatile.

BUY
America's best steelmaker. Is up this year by 15% and has enjoyed monster earnings growth as the economy earlier this year. Therefore, shares peaked last April the plunged by July. The market expected much weaker numbers, but that didn't happen. They just announced a light forecast, so shares fell 10% in a single day. Remember that the street under-estimated their earnings a year ago, and he wouldn't be surprised if Nucor beat again. Nucor would benefit hugely from the infrastructure bill that kicks in next year.
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.
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Nucor Corp.(NUE-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 6

Stockchase rating for Nucor Corp. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Nucor Corp.(NUE-N) Frequently Asked Questions

What is Nucor Corp. stock symbol?

Nucor Corp. is a American stock, trading under the symbol NUE-N on the New York Stock Exchange (NUE). It is usually referred to as NYSE:NUE or NUE-N

Is Nucor Corp. a buy or a sell?

In the last year, 6 stock analysts published opinions about NUE-N. 3 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Nucor Corp..

Is Nucor Corp. a good investment or a top pick?

Nucor Corp. was recommended as a Top Pick by on . Read the latest stock experts ratings for Nucor Corp..

Why is Nucor Corp. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Nucor Corp. worth watching?

6 stock analysts on Stockchase covered Nucor Corp. In the last year. It is a trending stock that is worth watching.

What is Nucor Corp. stock price?

On 2025-04-01, Nucor Corp. (NUE-N) stock closed at a price of $119.66.