$43.92
-0.55 (-1.24%)
Nucor Corp (NYSE:NUE)
CAPS Rating:
A domestic manufacturer of steel and steel products whose customers are located in the United States of America.
A domestic manufacturer of steel and steel products whose customers are located in the United States of America.
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Recs
Strong global growth over the next 10 years will cause steel demand to outpace the growth in supply. Good for pricing in the sector. Nucor's management is very adept at identifying opportunities and will use it's large cash pile and cash flow to make accretive acquisitions and green field investments.