Nucor Corp.

NUE-N

NYSE:NUE

95.68
0.18 (0.19%)
Nucor Corporation is a producer of steel and related products headquartered in Charlotte, North Carolina. It is the largest steel producer in the United States of America and is the largest "mini-mill" steelmaker.
More at Wikipedia

Analysis and Opinions about NUE-N

Signal
Opinion
Expert
Chart
BUY WEAKNESS
BUY WEAKNESS
June 7, 2021

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.

Show full opinionHide full opinion
Nucor Corp. (NUE-N)
June 7, 2021

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
BUY
May 24, 2021
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.
Show full opinionHide full opinion
Nucor Corp. (NUE-N)
May 24, 2021
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.
Jim Cramer - Mad Money
Price
$103.230
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
May 18, 2021
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.
Show full opinionHide full opinion
Nucor Corp. (NUE-N)
May 18, 2021
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.
Christine Poole
Price
$103.470
Owned
Unknown
BUY
BUY
April 23, 2021
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.
Show full opinionHide full opinion
Nucor Corp. (NUE-N)
April 23, 2021
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.
Jim Cramer - Mad Money
Price
$77.830
Owned
Unknown
BUY
BUY
April 16, 2021
They report Thursday. He expects the steelmaker to report incredible numbers.
Show full opinionHide full opinion
Nucor Corp. (NUE-N)
April 16, 2021
They report Thursday. He expects the steelmaker to report incredible numbers.
Jim Cramer - Mad Money
Price
$79.500
Owned
Unknown
BUY
BUY
March 24, 2021
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.
Show full opinionHide full opinion
Nucor Corp. (NUE-N)
March 24, 2021
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.
Jim Cramer - Mad Money
Price
$69.470
Owned
Unknown
BUY
BUY
January 19, 2021
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.
Show full opinionHide full opinion
Nucor Corp. (NUE-N)
January 19, 2021
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.
Jim Cramer - Mad Money
Price
$55.880
Owned
Unknown
BUY
BUY
October 19, 2020
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.
Show full opinionHide full opinion
Nucor Corp. (NUE-N)
October 19, 2020
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.
Jim Cramer - Mad Money
Price
$48.970
Owned
Unknown
COMMENT
COMMENT
March 5, 2015

Still has had some fits and starts and looked like a darling, but if you look at this right now, it made a bottom at the end of January, and then came back up to what would’ve been a breakdown of around $47. Until the stock gets above $48, it wouldn’t be interesting. If it gets above $40, it could be a pretty good buy. Expect it to have a lot of gnashing and to-ing and fro-ing between $48 and $56. Indicators are right in the middle of the band, so are not really telling us about being overbought.

Show full opinionHide full opinion
Nucor Corp. (NUE-N)
March 5, 2015

Still has had some fits and starts and looked like a darling, but if you look at this right now, it made a bottom at the end of January, and then came back up to what would’ve been a breakdown of around $47. Until the stock gets above $48, it wouldn’t be interesting. If it gets above $40, it could be a pretty good buy. Expect it to have a lot of gnashing and to-ing and fro-ing between $48 and $56. Indicators are right in the middle of the band, so are not really telling us about being overbought.

COMMENT
COMMENT
November 8, 2013

His favourite steel stock in the US. They have the pricing power and they don’t have leveraged balance sheet like others. You have to remember that this is cyclical. The time to be buying is when things are at their worst. These companies are going to make all their money in the good times and lose it all in the bad times. At this price. It is okay but is not a situation he would want to step into until he sees more performance of the US market that steel demand is going to continue. 2.7% yield.

Show full opinionHide full opinion
Nucor Corp. (NUE-N)
November 8, 2013

His favourite steel stock in the US. They have the pricing power and they don’t have leveraged balance sheet like others. You have to remember that this is cyclical. The time to be buying is when things are at their worst. These companies are going to make all their money in the good times and lose it all in the bad times. At this price. It is okay but is not a situation he would want to step into until he sees more performance of the US market that steel demand is going to continue. 2.7% yield.

David Driscoll
Price
$54.620
Owned
Unknown
HOLD
HOLD
April 19, 2013

Broke below the 50 day moving average a couple of months ago and then below the 200 day last week. Not levered to a Chinese recovery but is really focused on what is happening in the US markets. Very well run company with a very solid management team. There is very little demand for their products. Non-residential construction is a big part of their business and they are not seeing an uptick here. 3.5% dividend yield.

Show full opinionHide full opinion
Nucor Corp. (NUE-N)
April 19, 2013

Broke below the 50 day moving average a couple of months ago and then below the 200 day last week. Not levered to a Chinese recovery but is really focused on what is happening in the US markets. Very well run company with a very solid management team. There is very little demand for their products. Non-residential construction is a big part of their business and they are not seeing an uptick here. 3.5% dividend yield.

Stuart Hinshelwood
Price
$42.380
Owned
Unknown
DON'T BUY
DON'T BUY
September 14, 2012

Given that steel demand is falling off because iron ore prices are falling, he would hold off buying this. Of the US steel companies, this is probably the best however you are going to have to deal with the cyclicality of it and that is where the danger comes into play.

Show full opinionHide full opinion
Nucor Corp. (NUE-N)
September 14, 2012

Given that steel demand is falling off because iron ore prices are falling, he would hold off buying this. Of the US steel companies, this is probably the best however you are going to have to deal with the cyclicality of it and that is where the danger comes into play.

David Driscoll
Price
$40.750
Owned
Unknown
HOLD
HOLD
August 17, 2012

Margins were under some pressure and obviously steel pricing has come down but it is still a low-cost manufacturer. They use more scrap than the integrated steelmakers. He feels we are starting to see growth in global industrial production again which benefits them.

Show full opinionHide full opinion
Nucor Corp. (NUE-N)
August 17, 2012

Margins were under some pressure and obviously steel pricing has come down but it is still a low-cost manufacturer. They use more scrap than the integrated steelmakers. He feels we are starting to see growth in global industrial production again which benefits them.

John Zechner
Price
$39.970
Owned
Unknown
BUY
BUY
December 13, 2010
Steel stocks have been performing well. Hasn’t been any real revenue growth in this one but things are continuing to improve and they’re becoming more productive. Likes steel. This one is about to break out to a new high.
Show full opinionHide full opinion
Nucor Corp. (NUE-N)
December 13, 2010
Steel stocks have been performing well. Hasn’t been any real revenue growth in this one but things are continuing to improve and they’re becoming more productive. Likes steel. This one is about to break out to a new high.
David Burrows
Price
$42.710
Owned
No
WAIT
WAIT
August 27, 2010
Had difficulties during the last week or so. Broke a key support level this week. Trend is still on the downside. Seasonally materials stocks work very well from beginning of Nov until May.
Show full opinionHide full opinion
Nucor Corp. (NUE-N)
August 27, 2010
Had difficulties during the last week or so. Broke a key support level this week. Trend is still on the downside. Seasonally materials stocks work very well from beginning of Nov until May.
Don Vialoux
Price
$37.250
Owned
Unknown
Showing 1 to 15 of 20 entries

Nucor Corp.(NUE-N) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 8

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 8

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, 8 stock analysts published opinions about NUE-N. 8 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY on WEAKNESS. 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 Jim Cramer - Mad Money on 2021-06-07. 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?

8 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 2021-06-22, Nucor Corp. (NUE-N) stock closed at a price of $95.68.