Time to Buy Nucor (NUE) Stock Near 52-Week Lows?
Let's see if it's time to buy Nucor (NUE) stock for a rebound after falling more than 30% over the last year.
1 Magnificent Dividend King Stock Down 40% to Buy and Hold Forever
It is hard to find good dividend stocks that operate in cyclical industries. That doesn't mean it can't be done, however.
Nucor (NUE) Registers a Bigger Fall Than the Market: Important Facts to Note
In the most recent trading session, Nucor (NUE) closed at $115.78, indicating a -1.85% shift from the previous trading day.
Nucor Projects Q4 Earnings to Decline on Lower Selling Prices
The main cause of the expected decline in NUE's Q4 profitability is the steel mills segment's lower earnings due to lower volumes and average selling prices.
Stock Of The Day: When Will Nucor's Selloff Hit Bottom?
Shares of Nucor Corporation NUE are falling on Friday. This follows Thursday's drop of more than 5%.
Nucor Hikes Quarterly Dividend, Raises Payout for 52 Straight Years
Since commencing dividends in 1973, NUE has increased its regular or base dividend for 52 years in a row.
Nucor Stock: Buy On Tariff News, Stay For Demand Trends
Nucor Corporation is well-positioned to benefit from expected steel demand growth, driven by infrastructure investments and favorable policies under the upcoming Trump administration. Despite short-term boosts from tariffs, long-term steel prices will be influenced more by demand dynamics, which are expected to improve significantly. Nucor's strategic investments in manufacturing capacity, production efficiency, and new revenue streams position it to capitalize on the steel market recovery.
Nucor, Steel Stocks Rise On Goldman Call, Tariff Hopes
Nucor stock and Cleveland-Cliffs rallied as prospects for U.S. steel companies brighten following the election of Donald Trump. The post Nucor, Steel Stocks Rise On Goldman Call, Tariff Hopes appeared first on Investor's Business Daily.
Nucor initiated with a Buy at Goldman Sachs
Goldman Sachs initiated coverage of Nucor with a Buy rating and $190 price target. The prevailing sentiment towards the U.S. steel industry seems pessimistic given concerns on global over supply and weak but improving pricing, the analyst tells investors in a research note. The firm is more positive given its belief that both cyclical and structural factors could drive earnings growth for the domestic steel industry despite a weaker global backdrop. Goldman believes the U.S. steel industry and the stocks are near or at the trough of the current cycle.
Why Is Nucor (NUE) Down 0.9% Since Last Earnings Report?
Nucor (NUE) reported earnings 30 days ago. What's next for the stock?
2 Magnificent Stocks to Buy That Are 20% Below Their 52-Week Highs
The market is roaring to all-time highs, but there are still some stocks that are lagging behind, like Nucor and UPS.
