Nucor Corporation (NUE): A Bull Case Theory

We came across a bullish thesis on Nucor Corporation (NUE) on ValueInvesting subreddit page by TravelingTramp. In this article, we will summarize the bulls’ thesis on NUE. Nucor Corporation share was trading at $158.09 as of Oct 17^th. NUE’s trailing and forward P/E were 10.93 and 13.61 respectively according to Yahoo Finance.

[caption id="attachment_1228655" align="aligncenter" width="768"] A steel coil being loaded into a facility for further processing and distribution.[/caption]

Nucor Corporation, a leader in the American steel industry, stands out for its resilience and...