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Nucor Corp. (NUE-N)
NYSE:NUE
149.99
1.82
(1.23%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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TSX edges up, Wall Street slips on inflationTSX gains, Wall Street declines for the weekStocks weaken on earnings and jobless dataThis summary was created by AI, based on 6 opinions in the last 12 months.
The reviews for Nucor Corp. are mixed, with some experts predicting potential for growth due to possible tariffs on steel from China and the company's acquisition strategy, while others are concerned about worsening guidance and the impact of falling copper prices. However, overall sentiment is positive, with a focus on Nucor's strong balance sheet and low-cost producer status. The steel tariffs placed on China are seen as a positive for Nucor, distinguishing it from other steel companies like Cleveland Cliffs. The company's upcoming report is anticipated with interest, as it could further influence its performance in the market.
$167.700
Unknown
Shares are plunging with copper prices.
The country's best steel company. They just reported, but issued worsening guidance, and shares sank.
It reports Monday. It grows by acquiring that could buy US Steel.
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.
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.
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.
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 at $160-165. Shares have moved up too fast, but it's the best steel stock. Warning: can be volatile.
Nucor Corp.(NUE-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 5
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, 5 stock analysts published opinions about NUE-N. 3 analysts recommended to BUY the stock. 2 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?
5 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 2024-11-21, Nucor Corp. (NUE-N) stock closed at a price of $149.99.
Trump will likely slap tariffs on steel from China, making Nucor a buy.