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Will Nucor Corporation (NUE) Stay at the Top of the Basic Materials Sector?

Wednesday, October 20, 2021 11:50 AM | InvestorsObserver Analysts

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Will Nucor Corporation (NUE) Stay at the Top of the Basic Materials Sector?

The 56 rating InvestorsObserver gives to Nucor Corporation (NUE) stock puts it near the top of the Basic Materials sector. In addition to scoring higher than 83 percent of stocks in the Basic Materials sector, NUE’s 56 overall rating means the stock scores better than 56 of all stocks.

Overall Score - 56
NUE has an Overall Score of 56. Find out what this means to you and get the rest of the rankings on NUE!

What do These Ratings Mean?

Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies in the basic materials sector can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the best stocks in that sector. Not only are these scores easy to understand, but it is easy to compare stocks to each other. You can find the best stock in basic materials or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.

What's Happening With Nucor Corporation Stock Today?

Nucor Corporation (NUE) stock is trading at $105.01 as of 11:47 AM on Wednesday, Oct 20, an increase of $1.73, or 1.68% from the previous closing price of $103.28. The stock has traded between $101.99 and $106.55 so far today. Volume today is light. So far 1,573,471 shares have traded compared to average volume of 3,175,561 shares. Click Here to get the full Stock Report for Nucor Corporation stock.

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