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Should Steel Stock Nucor Corporation (NUE) Be in Your Portfolio Tuesday?

Tuesday, November 21, 2023 02:47 PM | InvestorsObserver Analysts

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Should Steel Stock Nucor Corporation (NUE) Be in Your Portfolio Tuesday?

Nucor Corporation (NUE) is near the middle in its industry group according to InvestorsObserver. NUE gets an overall rating of 39. That means it scores higher than 39 percent of stocks. Nucor Corporation gets a 42 rank in the Steel industry. Steel is number 58 out of 148 industries.

Overall Score - 39
NUE has an Overall Score of 39. Find out what this means to you and get the rest of the rankings on NUE!

What do These Ratings Mean?

Trying to find the best stocks can be a daunting task. There are a wide variety of ways to analyze stocks in order to determine which ones are performing the strongest. InvestorsObserver makes the entire process easier by using percentile rankings that allows you to easily find the stocks who have the strongest evaluations by analysts.
This ranking system incorporates numerous factors used by analysts to compare stocks in greater detail. This allows you to find the best stocks available in any industry with relative ease. These percentile-ranked scores using both fundamental and technical analysis give investors an easy way to view the attractiveness of specific stocks. Stocks with the highest scores have the best evaluations by analysts working on Wall Street.

What's Happening With Nucor Corporation Stock Today?

Nucor Corporation (NUE) stock is up 0.75% while the S&P 500 has fallen -0.22% as of 2:42 PM on Tuesday, Nov 21. NUE is higher by $1.17 from the previous closing price of $157.00 on volume of 486,811 shares. Over the past year the S&P 500 is higher by 14.88% while NUE is higher by 6.13%. NUE earned $19.79 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 7.99. Click Here to get the full Stock Report for Nucor Corporation stock.

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