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Nucor Corporation (NUE): A Bull Case Theory

We came across a bullish thesis on Nucor Corporation (NUE) on Business Model Mastery’s Substack. In this article, we will summarize the bulls’ thesis on NUE. Nucor Corporation (NUE)'s share was trading at $108.94 as of 29th May. NUE’s trailing and forward P/E were 19.20 and 14.14 respectively according to Yahoo Finance.

[caption id="attachment_1208068" align="aligncenter" width="768"] A steel rod, bent and contoured to the exact specifications of the company.[/caption]

Nucor stands out as a vertically integrated steel producer operating through three synergistic...