Nucor Corp.

NUE-N

NYSE:NUE

41.06
1.12 (2.80%)
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
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.

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.

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.

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.

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.
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.
TOP PICK
TOP PICK
October 21, 2008
Has been able to build many mills next to their end customers saving transportation costs. Dividend yield of 6.5% was at 4X earnings, which is excellent valuation. Very well run company. Outlook for the US steel industry is reasonably good.
Show full opinionHide full opinion
Nucor Corp. (NUE-N)
October 21, 2008
Has been able to build many mills next to their end customers saving transportation costs. Dividend yield of 6.5% was at 4X earnings, which is excellent valuation. Very well run company. Outlook for the US steel industry is reasonably good.
DON'T BUY
DON'T BUY
August 21, 2008
Basics material group had enormous pullback in June. Steel group has more difficult concerns around pricing power, which up until very recently has been very strong. Emerging markets and China markets has pulled back substantially. Would want to see the stock trade above $58/$59 before he would be entering.
Show full opinionHide full opinion
Nucor Corp. (NUE-N)
August 21, 2008
Basics material group had enormous pullback in June. Steel group has more difficult concerns around pricing power, which up until very recently has been very strong. Emerging markets and China markets has pulled back substantially. Would want to see the stock trade above $58/$59 before he would be entering.
COMMENT
COMMENT
December 18, 2006
Has done exceptionally well as have all steel stocks. Tied more to non-residential construction and feels that market is still going to be strong.
Show full opinionHide full opinion
Nucor Corp. (NUE-N)
December 18, 2006
Has done exceptionally well as have all steel stocks. Tied more to non-residential construction and feels that market is still going to be strong.
HOLD
HOLD
December 15, 2006
In a dynamic powerful uptrend. Stay with it.
Show full opinionHide full opinion
Nucor Corp. (NUE-N)
December 15, 2006
In a dynamic powerful uptrend. Stay with it.
VAGUE
VAGUE
October 21, 2004
Like all the steels in North America (Stelco excluded) it has had a big run. There has been profit taking, so the stock has dropped. Demand for steel by China has come off some.
Show full opinionHide full opinion
Nucor Corp. (NUE-N)
October 21, 2004
Like all the steels in North America (Stelco excluded) it has had a big run. There has been profit taking, so the stock has dropped. Demand for steel by China has come off some.
Showing 1 to 12 of 12 entries
  • «
  • 1
  • »

Nucor Corp.(NUE-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

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, there was no coverage of Nucor Corp. published on Stockchase.

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

Nucor Corp. was recommended as a Top Pick by Hap (Robert) Sneddon FCSI on 2015-03-05. 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?

0 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 2020-07-14, Nucor Corp. (NUE-N) stock closed at a price of $41.06.