Nucor Corporation (NUE): A Bull Case Theory

We came across a bullish thesis on Nucor Corporation (NUE) on Max Dividends’s Substack by Serhio MaxDividends. In this article, we will summarize the bulls’ thesis on Nucor Corporation (NUE). Nucor Corporation (NUE)'s share was trading at $123.08 as of Jan 15^th. Nucor Corporation (NUE)’s trailing and forward P/E were 11.85 and 14.75 respectively according to Yahoo Finance.

[caption id="attachment_1208888" align="aligncenter" width="768"] Aerial view of a steel mill, showing the large scale production of the company's steel.[/caption]

Nucor Corporation, a steel industry...