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Nucor (NUE)

(Real Time Quote from BATS)

$157.03 USD

157.03
720,659

+2.76 (1.79%)

Updated Oct 17, 2024 12:18 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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4-Sell of 5       4  

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.

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B Value D Growth F 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%.

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

Bottom 28% (180 out of 250)

Industry: Steel - Producers

Better trading starts here.

Zacks News

PPG Industries (PPG) Q4 Earnings & Revenues Top Estimates

PPG Industries' (PPG) Q4 performance reflects gains from increased prices & cost savings from restricting across segments amid headwinds from unfavorable currency movements & lower sales volumes.

Nucor (NUE) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Nucor (NUE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Here's Why You Should Hold Onto Sherwin-Williams for Now

Sherwin-Williams (SHW) gains on favorable demand in North America and its pricing and expansion actions amid challenges from higher raw material costs and demand slowdown in Europe and China.

Ashland (ASH) Up 13% in 3 Months: What's Driving the Stock?

Ashland (ASH) gains on strong demand in most consumer end markets and its pricing and mix improvement actions.

Should SPDR Russell 1000 Momentum Focus ETF (ONEO) Be on Your Investing Radar?

Style Box ETF report for ONEO

Nucor (NUE) Dips More Than Broader Markets: What You Should Know

Nucor (NUE) closed at $152.35 in the latest trading session, marking a -1.79% move from the prior day.

Steel Dynamics, Inc. (STLD) Hit a 52 Week High, Can the Run Continue?

Steel Dynamics (STLD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

What Makes Reliance Steel (RS) Stock a Solid Choice Right Now

Reliance Steel (RS) benefits from strong demand in major end-use markets and strategic acquisitions.

Why You Should Retain Huntsman (HUN) Stock in Your Portfolio

Huntsman (HUN) benefits from its actions to grow its downstream specialty and formulation businesses and synergies of acquisitions.

Why Nucor (NUE) is Poised to Beat Earnings Estimates Again

Nucor (NUE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Should You Add FMC Corp (FMC) Stock to Your Portfolio?

FMC Corp (FMC) benefits from higher demand for its products, its portfolio strength and new product launches.

DuPont (DD) Rides on Strong End-Market Demand and Innovation

DuPont (DD) gains on strong demand in major end markets, portfolio and pricing actions and its focus on driving growth though innovation and new product launches.

Here's Why You Should Retain Albemarle (ALB) in Your Portfolio

Albemarle (ALB) gains on strong demand and prices in its lithium unit and actions to boost its global lithium conversion capacity amid headwinds from cost inflation.

FMC Corp (FMC) Shares Rally 28% in 6 Months: What's Driving It?

FMC Corp (FMC) gains on healthy demand for its products, price hike actions, acquisitions and efforts to strengthen its product portfolio.

Sherwin-Williams (SHW) Gains on Higher Demand, Expansion Moves

Sherwin-Williams (SHW) benefits from higher demand in architectural and industrial end markets, pricing actions and expansion of retail operations.

Univar (UNVR) Shares Pop 36% in 6 Months: What's Driving It?

Univar (UNVR) benefits from market share gains, operational execution, pricing discipline and cost minimization actions.

Here is What to Know Beyond Why Nucor Corporation (NUE) is a Trending Stock

Recently, Zacks.com users have been paying close attention to Nucor (NUE). This makes it worthwhile to examine what the stock has in store.

Here Is Why Bargain Hunters Would Love Fast-paced Mover Nucor (NUE)

Nucor (NUE) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Zacks Industry Outlook Highlights Nucor, Steel Dynamics, TimkenSteel and Olympic Steel

Nucor, Steel Dynamics, TimkenSteel and Olympic Steel have been highlighted in this Industry Outlook article.

Anindya Barman headshot

4 Steel Producer Stocks to Buy From a Promising Industry

A recovery in automotive demand, strength in non-residential construction and an expected rebound in steel prices should enable the Zacks Steel Producers industry to thrive. NUE, STLD, TMST and ZEUS are set to gain from favorable industry fundamentals.

Nucor (NUE) Dips More Than Broader Markets: What You Should Know

Nucor (NUE) closed at $141.07 in the latest trading session, marking a -1.99% move from the prior day.

Commercial Metals (CMC) Q1 Earnings and Revenues Surpass Estimates

Commercial Metals (CMC) delivered earnings and revenue surprises of 12.56% and 2.90%, respectively, for the quarter ended November 2022. Do the numbers hold clues to what lies ahead for the stock?

Shaun Pruitt headshot

2 Top-Rated Steel Stocks to Buy Now

The growth of Nucor and Steel Dynamics has been impressive over the last two years, and their valuations appear to support more upside ahead with earnings estimate revisions mostly trending higher.

Are Basic Materials Stocks Lagging Nucor (NUE) This Year?

Here is how Nucor (NUE) and Piedmont Lithium Inc. (PLL) have performed compared to their sector so far this year.