Is Nucor Corporation (NUE) Among the Top Commodity Producers With the Highest Upside Potential?

From Yahoo Finance: 2025-05-05 09:55:00

Commodity producer stocks, including Nucor Corporation (NYSE:NUE), are gaining investor interest due to exposure to both equity and commodities markets. The global commodity services market is projected to grow at a CAGR of 8.65% from 2025 to 2034, reaching $8.16 billion. However, the World Bank predicts a 12% drop in global commodity prices in 2025 due to economic slowdown and high oil supply.

Morgan Stanley anticipates 2025 to be crucial for commodity markets, influenced by supply fundamentals, inflation, and dollar fluctuations. The U.S. dollar has risen by almost 8%, impacting global demand for commodities. Nucor Corporation (NYSE:NUE) is among the top commodity stocks, with a projected upside potential of 34.80%.

In the first quarter of 2025, Nucor Corporation’s backlog grew significantly, indicating strong demand ahead. The company’s strategic investments and positive earnings outlook show promise for future growth. Trade policies and market expansions are expected to benefit Nucor, positioning it for significant EBITDA growth in the coming years. NUE ranks 7th on the list of Top Commodity Producers with the Highest Upside Potential.



Read more at Yahoo Finance: Is Nucor Corporation (NUE) Among the Top Commodity Producers With the Highest Upside Potential?