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Nucor (NUE)

(Delayed Data from NYSE)

$141.35 USD

141.35
1,651,472

-3.79 (-2.61%)

Updated Aug 12, 2024 04:00 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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5-Strong Sell of 5         5

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value D Growth D Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 8% (230 out of 250)

Industry: Steel - Producers

Better trading starts here.

Zacks News

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Here's Why You Should Buy ArcelorMittal (MT) Stock Right Now

ArcelorMittal (MT) benefits from improved demand conditions, effort to expand its portfolio of high-added-value products and cost-improvement initiatives.

DuPont (DD) Up 31% in 6 Months: What's Behind the Rally?

DuPont (DD) gains on strong demand in water and industrial end markets, investment in new product development and pricing actions.

CF Industries (CF) to Buy Waggaman Ammonia Production Facility

The Waggaman facility to be acquired by CF Industries (CF) has an annual capacity of 880,000 tons of ammonia.

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Mosaic (MOS) Gains on Strong Fertilizer Demand and Cost Actions

Mosaic (MOS) benefits from strong demand and prices for phosphate and potash and its actions to reduce costs.

Here's Why You Should Retain Eastman (EMN) in Your Portfolio

Eastman (EMN) will gain from cost-cutting and productivity actions, synergies of strategic acquisitions and sustained innovation. However, it is expected to face headwinds from unfavorable currency translations.

Nucor (NUE) Sees Higher Q1 Profits From Steel Mills Unit

Nucor (NUE) provides earnings guidance for the first quarter. It expects higher sequential profits from its steel mills unit backed by higher volumes and margins.

Axalta (AXTA) Launches New ICONICA Collection in the U.S.

The latest ICONICA collection launched by Axalta (AXTA) addresses changing performance, sustainability and design requirements of the global architecture and design community.

Amyris (AMRS) Q4 Earnings and Revenues Lag Estimates

Record revenues in the Consumer segment drive Amyris' (AMRS) top line in the fourth quarter.

Fortuna Silver (FSM) Q4 Earnings In Line With Estimates, Dip Y/Y

Fortuna Silver (FSM) witnesses an 80% plunge in adjusted earnings per share for fourth-quarter 2022 on lower sales volume and prices combined with higher operating costs.

New Strong Buy Stocks for March 17th

NUE, URBN, ARLP, APG and EONGY have been added to the Zacks Rank #1 (Strong Buy) List on March 17, 2023.

GrowGeneration (GRWG) Q4 Earnings Miss, Revenues Down Y/Y

GrowGeneration (GRWG) reports lower revenues and a loss per share of 25 cents for the fourth quarter of 2022 due to the ongoing weakness in the cannabis industry and efforts to lower its inventory.

Nucor Corporation (NUE) Is a Trending Stock: Facts to Know Before Betting on It

Nucor (NUE) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

American Vanguard (AVD) Earnings and Sales Beat Estimates in Q4

American Vanguard (AVD) sees higher sales in its U.S. non-crop and international businesses in the fourth quarter.

Is John Hancock Multifactor Mid Cap ETF (JHMM) a Strong ETF Right Now?

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2 Inflation-Fighting Stocks to Buy on the Dip

The rising earnings estimate revisions make Deere and Nucor stock prime candidates to buy on the dip and their strong performances could continue as the recent market volatility subsides.

Expansion Plans to Drive Southern Copper (SCCO), Costs Ail

Southern Copper (SCCO) is poised to grow on expansion projects and the benefits of cost-reduction programs despite inflationary pressures.

National Steel (SID) Q4 Earnings Miss Estimates, Revenues Up Y/Y

National Steel's (SID) top line increases year over year as higher revenues in mining, energy, cement and logistics helped offset the impact of lower steel revenues.

Best Momentum Stocks to Buy for March 15th

CERT, BWMX and NUE made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 15, 2023.

Are Basic Materials Stocks Lagging Linde PLC (LIN) This Year?

Here is how Linde (LIN) and Nucor (NUE) have performed compared to their sector so far this year.

Univar (UNVR) to be Acquired by Apollo Funds for $8.1B

The shareholders of Univar (UNVR) will get $36.15 per share in cash, representing a 20.6% premium to its undisturbed closing stock price as of Nov 22, 2022.

Here's Why You Should Add Nucor (NUE) Stock to Your Portfolio

Nucor (NUE) gains on healthy demand across key end markets and a rebound in domestic steel prices.