Nucor Corporation (NUE) Is a Trending Stock: Facts to Know Before Betting on It
Nucor(NUE) Zacks Investment Research·2024-02-02 23:01
Nucor (NUE) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this steel company have returned +7.9%, compared to the Zacks S&P 500 composite's +2.9% change. During this period, the Zacks Steel - Producers industry, which Nucor falls in, has lost 2.7%. The key question now is: What could be the stock's future direction?Although media reports or rumor ...