Nucor Corporation (NYSE: NUE) - This is one of the world leaders in the idea of mini-mills. This smallish steel producer prides itself on running a tight ship, pays a dividend and has a P/E under 9. The steel industry has been volatile in recent years with many
TheStreet.com's Jim Cramer says the value creation at both companies is astonishing and not going away, despite the market trend.
Every now and then days like yesterday happen. Days where it is so crazy, where the selling never ends and the buying never ends. Where the sellers just keep reloading and the buyer just keep buying.
Some of it seems like short-covering panic and some of it seems like sellers who can't take the pain anymore. As I watched Cabot Oil...
Wednesday saw the stock market register another data point of ignominious distinction: the S & P 500 entered bear market territory -- a drop of more than 20% from its October 2007 peak.
One would like to make a case for a rebound for the S&P 500 and the DJIA, but current economic fundamentals (unfortunately) make a stronger case for the opposite: sky high gasoline and oil prices, declining disposable income in several income groups, ...
TheStreet.com's Jim Cramer says the slide has to end somewhere -- eventually, we'll see a bid.
Is someone having a margin call? That's what I keep thinking as I watch the sickening slide in Motorola's (NYSE: MOT) (Cramer's Take) stock. How can Motorola go down so much? This is a company ...
Today's stock selection: Nucor ( NUE Insired by: http://www.zacks.com/rank/zcommentary/?id=7897 Nucor ( NUE ) is a good growth and income play on the robust steel industry. The company recently issued an increased second-quarter earnings guidance, ranging between $1.75 to $1.80 per share, and analysts followed suit. Nucor’s ROE of 29% reflects solid growth, especially considering that the industry average is at 17%. The steel producer also sports healthy income. Its dividend yield of 1.7% is well above the industry average as the majority of the steel industry pays ...
"Global steel producers are thriving, and their stocks are hitting new highs," note Yiannis Mostrous and Roger Conrad, who add, "But the best is yet to come."
In the industry-leading Personal Finance, the two advisors explain, "We’re still in the early stage of a truly global bull market cycle for steel, and the companies best positioned to take advantage are headed a lot higher." Here, they look at their "Iron Five."
"As is the case with other building blocks of economic growth, steel is enjoying explosive demand from the developing world. And with the world expanding as never before, steel
Perhaps it’s time to put on the contrarian hat and revisit metals and mining stocks. Aside from the macro tide that could be turning against the sector in the long-run, the near term is looking more and more like a blow-off top could be underway. The group has had the wind at its back with a declining dollar and surging demand in emerging markets, but with a coordinated defense from further declines in the Dollar underway by the Treasury and Fed, that tailwind has been neutralized.
Furthermore, record breaking prices after a parabolic run in these stocks since the start of 2008 is leading to
Nucor Corporation is the largest steel producer in the United States and America’s largest recycler. The company and its subsidiaries manufacture steel products, such as steel joists and joist girders, steel deck, cold finished steel, steel fasteners, metal building systems, light gauge steel framing, and carbon and alloy steel in bars, beams, sheet and plate. The group has operating facilities in 14 states and employs more than 9,900 people.
Recap of CNBC's Fast Money, Friday May 30.
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Is Oil Spoiled? Baker Hughes (BHI), Transocean (RIG)
Oil fell nearly 4% last week to $127. The group wondered if oil’s rally is finally over and if the commodity could drop to $120 in the coming week. Guy Adami thinks next week will be the biggest week for commodities in years and expects a significant drop in crude and gold. However, he doesn’t think stocks will necessarily rise on oil’s fall. Macke doesn’t believe oil will necessarily go lower, but action in the commodity will be significant. He adds he is a seller of the S&P with a t
Readers of this space know that the investment bias is toward large-cap companies with demonstrated business models and who have a competitive advantage in established markets, preferably with a favorable global trend as a support. And with the above in mind, Nucor Steel is worth a review.
Nucor Corporation (NYSE: NUE) produces about 20 million tons of steel annually, and also is a major recycler of scrap metal.
In general, analysts expect NUE's revenue to increase 10-12% in FY 2008, aided by the Harris Steel acquisition and other acquisit...
TheStreet.com's Jim Cramer says U.S. Steel is a puzzle, and he ponders how to play it here.
U.S. Steel (NYSE: X) (Cramer's Take) presents the ultimate conundrum. It is hitting on all cylinders, courtesy of the incredible demand for steel domestically because of pipelines. And it is finally not suffering from dumped imports, because the dumpers are from countries growing so much faster than we are that they need all the steel they can get - China, for examp...
3/25 - "There are few factors more beneficial than a weak dollar in restoring the U.S. economy to full strength. Far from representing an economic "death spiral," a weak greenback represents the DNA spiral that can give the economy new life, especially in exporting sectors. Ideally, the U.S. balance of payments deficit could be sharply reduced and the housing market stabilized before interest rates have to be raised to fight inflation. When rates are raised - and they will be - the dollar will inevitably strengthen. At that point it might indeed make sense to "intervene" against its newfoun...
It’s been a wild and scary month. But we hold on to our picks…and that pays off.
WMS keeps itself standing out nearing its 10% gain in a few sessions. Take profits at 10% tooooo
WMS is up 9% from reco.
We recommended WMS at $27.
Take profits at 10% It’s going above 30 [...]
NUE keep 'em flying and keep racking up the gains!..
- I like NUE here, it's lagging X and has room to run to blue skies, which seems inevitable on this whole group of steel makers! At some point these thi...
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About Nucor Corp
- Answers.com
This is a continuation of 
The U.S. stock market's summer doldrums continue. 
"Global steel producers are thriving, and their stocks are hitting new highs," note 
