+ Watch NUE
on My Watchlist
A domestic manufacturer of steel and steel products whose customers are located in the United States of America.
When the economic recovery comes Nucor should come out a big winner. First, the company has a tremendous balance sheet. They currently have over 1.5 billion in cash on the balance sheet, and more importantly, only 400 million in debt coming due over the next 5 years. This will allow Nucor to finance it's own growth from inside the company, avoiding the loanshark rates of the current credit markets. Nucor also has by far the best management in the steel industry. It's not even close. They manage to keep costs down by using scrap metal, relying on more efficient mini-mills, and avoiding any union labor by using generous profit sharing, performance based pay, and avoiding the bullsh*t executive perks that ruin the culture of so many other companies. The current 3%+ yield is also nice and appears well covered.
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions