Nucor Corporation (NUE) has been making the headlines by outperforming basic materials sector and being brought to the spotlight of the White House. The steel giant is predominantly owned by institutional investors, controlling nearly 79% of the company's shares. The company is listed among the most undervalued dividend aristocrats to buy, with significant upside potential. However, stock buybacks have resulted in a cash squeeze, and the pressure from Chinese steel production persists. Financial performance in Q1 2025 was robust despite market challenges, yet it has struggled to resonate with large-cap stock buyers. Billionaires deem Nucor as the top steel stock choice for investment. Mixed Q1 results came in with anticipations of growth in Q2. Despite some insider selling, Jim Cramer continues rooting for Nucor. However, lower selling prices are expected to pull down Q1 earnings. Market conditions and facility closure are forecasted to lead to a decline in Q1 earnings for 2025 amidst strong Q1 EBITDA and significant capital investment plans.
Nucor Corporation NUE News Analytics from Tue, 22 Oct 2024 07:00:00 GMT to Sat, 10 May 2025 12:54:44 GMT -
Rating 2
- Innovation 3
- Information 8
- Rumor -8
