Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Nucor Corporation (NUE): A Bull Case Theory 

We came across a bullish thesis on Nucor Corporation on r/Valueinvesting by ahlornjtvn139. In this article, we will summarize the bulls’ thesis on NUE. Nucor Corporation's share was trading at $174.39 as of January 16th. NUE’s trailing and forward P/E were 24.49 and 15.22 respectively according to Yahoo Finance.

[caption id="attachment_972138" align="aligncenter" width="768"] Photo by ant rozetsky on Unsplash[/caption]

Nucor Corporation engages in the manufacture and sale of steel and steel products. NUE’s current share price of around $173 reflects a premium driven by...