Should You Buy Nucor’s Rallying Stock?
From Yahoo Finance: 2025-05-25 15:38:00
Nucor, a leading U.S. steelmaker, faces a challenging industry prone to downturns. Its stock has dropped over 45% but may be at a turning point. With a focus on electric arc mini-mills, Nucor maintains profitability better than blast furnace-reliant competitors during industry slumps.
Nucor’s diverse products, from steel to data center components, offer stable demand throughout the steel cycle. Despite current stock decline, the company’s long-term potential attracts investors. Nucor’s recent 8% stock price increase could signal a positive shift, urging a long-term investment approach amidst short-term market volatility.
Read more: Should You Buy Nucor’s Rallying Stock?