From Nasdaq: 2025-01-18 18:32:00

Nucor, a steel company, has achieved 51 consecutive annual dividend increases, making it a Dividend King. Despite a 33% drop in stock price, now may be a good time to buy and hold Nucor forever, given its historical performance. The stock’s volatility is typical for the cyclical steel industry, but Nucor’s total return has outperformed the S&P 500. With a strong balance sheet and diversified business, Nucor is positioned to survive and thrive in the industry’s downturns. Management’s focus on growth and investment during weak periods makes Nucor a solid long-term investment opportunity.



Read more at Nasdaq: 1 Magnificent Dividend King Down 33% to Buy and Hold Forever