$39.34 -0.44 (-1.11%)
11/6/2009 4:01 PM

Nucor Corp (NUE)

CAPS Rating: 4 out of 5

A domestic manufacturer of steel and steel products whose customers are located in the United States of America.

Recs

5
Member Avatar intlvaw (91.65) Submitted: 8/14/2008 2:31:23 PM : Outperform Start Price: $48.77 NUE Score: -4.60

It is necessary to distinguish between pure commodity plays in the materials sector and management bets. NUE has arguably the best management in the business and a relentless continuous improvement culture. NUE is US focused and gets its raw material from scrap. I have no idea where we are in the commodity cycle, but a proven strategy is to buy good management at a great price and let the cycle take care of itself - In the short run , could fall further as money rotates out of commodities will add to position in my RW port on a meaningful decline

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