Nucor Battered by Lower Steel Prices: Reasons to Hold Onto the Stock
While NUE benefits from its actions to grow through acquisitions and capacity expansion, weaker steel prices cast a pall on its prospects.
Ticker |
Sentiment |
Impact |
HWKN
|
Neutral
|
13 %
|
EGO
|
Neutral
|
13 %
|
IAG
|
Neutral
|
13 %
|
NUE
|
Somewhat Bullish
|
58 %
|