Our No. 1 Stock for the Rare "Millionaire Window" Opening Now

According to Wall Street legend Whitney Tilson, an extremely rare window in the markets is about to open. It's an often-misunderstood market setup we've only seen 13 times since 1920. The last time this happened, it minted a million brand-new millionaires -- in a single year. But Tilson says this unique window in the markets could close much sooner than anyone realizes, leaving most investors in the dust, while making a select few incredibly rich.

NUE
Nucor Corporation
NYSE
151.54
Open 153.29 Prev Close 151.44
High 154.38 Low 150.93
Volume 1,715,338 Volume (Avg) 1,460,332
52 Week High 72.20 52 Week Low 27.31
Market Cap 21B PE Ratio 10.59

About Nucor Corporation

Nucor Corporation manufactures and sells steel and steel products. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and special bar quality products. It also engages in the steel trading and rebar distribution businesses. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico. The Steel Products segment offers hollow structural section steel tubing products, electrical conduits, steel joists and joist girders, steel decks, fabricated concrete reinforcing steel products, cold finished steel products, steel fasteners, metal building systems, steel grating and expanded metal products, and wire and wire mesh products primarily for use in nonresidential construction applications. This segment also engages in the piling distribution business. The Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal, as well as engages in the natural gas drilling operations. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. The company offers its products through its in-house sales forces; and internal distribution and trading companies. The company was incorporated in 1958 and is headquartered in Charlotte, North Carolina.

General

NameNucor Corporation
TickerNUE
ExchangeNYSE
SectorBasic Materials
IndustrySteel
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees26,400

Highlights

Analyst Target64.50
Market Cap20,982,439,936
PE Ratio10.59
PEG Ratio0.75
EBITDA2,416,574,976

Share Stats

Shares Outstanding301,928,992
Shares Float296,013,185
Shares Short3,589,855
Insider Holdings69%
Institution Holdings78.57%

Highlights

Analyst Target64.50
Market Cap20,982,439,936
PE Ratio10.59
PEG Ratio0.75
EBITDA2,416,574,976

Valuation

Trailing PE29.77
Forward PE16.86
Price/Sales (Trailing 12 Mt.)1.02
Price/Book (Most Recent Quarter)1.87

Dividend

Nucor Corporation pays out a dividend of $1.61 per share, with a dividend yield of 1.40%.

NUE's last dividend payment was made to shareholders on May 11, 2021.

They pay out 37.04% of their earnings out as a dividend.

Recent Dividends

Aug 9, 2024$0.54
May 10, 2024$0.54
Feb 9, 2024$0.54
Nov 9, 2023$0.51
Aug 11, 2023$0.51
May 11, 2023$0.51
Feb 10, 2023$0.51
Nov 10, 2022$0.50
Most Popular

Cannabis Giant Green Thumb To Report Q3 Results, Here's What Investors Should Watch For

Cannabis consumer packaged goods company Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) and owner of RISE Dispensaries, announced on Thursday it will release third quarter 2024 financial results after the market closes on Nov.7, 2024. A conference call and audio webcast will be held on the same day at 5:00 pm Eastern Time to discuss the results and answer any questions. The company said in its second-quarter earnings report made public in early August – which revealed an 11% year-over-year increase in revenue to $280 million - that the company will continue strengthening its position

My TOP Altcoin for Right Now Is... - Ad

Searching for the top investment opportunity in crypto? Look no further. Our $3 report gives you the full scoop. You'll get this exciting token's name, our recommended investment strategy, and growth projections. Time is of the essence with this one...

YouTube Bug Bans Users And Removes Channels: Google's Video Streaming Service Says They Know About It

YouTube mistakenly banned accounts and removed channels worldwide and is now actively working to reinstate them and restore access to paid services like YouTube Premium and YouTube Music.

50-Year Wall Street Legend: "Prepare for an Election Surprise" - Ad

During his 50 years on Wall Street, legendary stockpicker traded through 13 presidential elections. Today, he is stepping forward to warn of a critical market shift that could blindside millions of Americans before Election Day.

Before you sign up for a store credit card, know what you're getting into

NEW YORK (AP) — When Mykail James was 19 and working a holiday job at Victoria's Secret, she took out a store credit card with a $2,000 credit line.

Home Depot Agrees To $2M Settlement In Customer Overcharging Lawsuit

Home Depot has agreed to a settlement of almost $2 million to resolve allegations that it overcharged customers at checkout.

Exposed: Democrats' Secret Plan to Keep Trump Out of the White House - Ad

Former advisor to the CIA, the Pentagon and the White House Jim Rickards just released this shocking new video exposing Democrats' secret plan to keep Trump out of the White House... Even if he wins the election. See the details and learn how to prepare... Because this could trigger the biggest constitutional crisis in our nation's history.

Collect 10%+ Dividends From AI's Explosive Growth? - Ad

This one-of-a-kind fund is set to pay out a tsunami of profits to shareholders... Giving you the chance to collect 10%+ dividend yields, year after year! In his brand-new "AI Income Playbook," Marc Lichtenfeld gives you the full scoop on this breakthrough fund... Including its name, ticker symbol, and profit potential.

What's Going On With Honeywell International Stock Today?

Honeywell International shares rose 1.57% to $210.41 after announcing a dividend increase from $4.32 to $4.52 per share, effective December.

Argentina's poverty rate spikes to 53% in first 6 months of President Milei's shock therapy

BUENOS AIRES, Argentina (AP) — Argentina's poverty rate jumped from 41.7% to 52.9% during the first six months of s presidency, the statistics agency reported Thursday, a rise reflects the pain of the country's most intense austerity program in recent memory.

America's Secret New Currency (Buy Alert) - Ad

A new kind of money is coming to America. It's part of a huge shift quietly playing out in the financial system right now, with very little fanfare. It already has the backing of at least 470 banks, as well as the Federal Reserve and US Treasury.

SpaceX launches rescue mission for 2 NASA astronauts who are stuck in space until next year

CAPE CANAVERAL, Fla. (AP) — SpaceX for the two stuck astronauts at the International Space Station on Saturday, sending up a downsized crew to bring them home but not until next year.

Have You Collected a "Crypto Royalty?" - Ad

Have you collected a "Crypto Royalty?" If not, you're not alone. "Crypto Royalties" give regular folks the opportunity to collect "royalty-like" income from the cryptos they own. This is my #1 crypto strategy for 2024 -- even though few investors know about them...

Safety board says pedals pilots use to steer Boeing Max jets on runways can get stuck

WASHINGTON (AP) — Safety investigators are making “urgent” recommendations to Boeing and the Federal Aviation Administration after determining pedals that pilots use to steer 737 Max jetliners on runways can become jammed because moisture can leak into a rudder assembly and freeze.

Revolutionary Tech Alert: How Elon Musk Is Changing Lives - Ad

"Elon Musk's Neuralink just received FDA breakthrough status for a revolutionary device designed to restore vision to those who've lost it entirely. And the first human clinical trials have opened for recruitment. This is more than just a medical miracle -- it's a wealth-building opportunity. I believe Elon Musk's groundbreaking technology could unlock tremendous financial opportunities for early investors... And I've found a way for you to get in on the action." --Eric Fry

Australian police infiltrate encrypted messaging app Ghost and arrest dozens

MELBOURNE, Australia (AP) — Australian police said Wednesday they have infiltrated , an encrypted global communications app developed for criminals, leading to dozens of arrests.

Oil = Monthly Income - Ad

Right now, there's an unusual $25 way to collect MONTHLY income from the oil markets. It's not a stock, bond, or anything you've likely heard about... But it's by far my #1 investment opportunity for 2024.

Nike's quarterly sales and profits slump as it faces shoppers' sluggish demand for its products

NEW YORK (AP) — Nike sales and profits slumped in its fiscal first quarter as the sportswear giant wrestles with shoppers' sluggish demand for new sneaker models and other products.

Details on the U.S. $7,882 Stimulus - Ad

The U.S. Government recently announced a new "stimulus program"...And it could hand you a payment for as much as $7,882 -- each quarter. See, it has to do with a leaked 19-page memo...Better still, you can collect these payouts every single quarter -- for life...I call this the "Stimulus Stipends" program.

New Jersey hits pause on an offshore wind farm that can't find turbine blades

TRENTON, N.J. (AP) — New Jersey Wednesday on an offshore wind energy project that is having a hard time finding someone to manufacture blades for its turbines.

Meta hit with $102 million privacy fine from European Union over 2019 password security lapse

LONDON (AP) — Meta was punished Friday with a fine worth more than $100 million from the social media giant's European Union privacy regulator over a security lapse involving passwords for Facebook users.

Man Who Predicted Trump Win Issues Shocking New Election Prediction - Ad

In 2016, surveys were giving Hillary Clinton more than 99% chance of winning right up until election night. But right before the election... Former advisor to the CIA, Jim Rickards predicted Trump would win. You won't believe what he's predicting now. And it could have huge implications for the financial markets.

Safaricom, Mastercard Team Up To Supercharge Cross-Border Payments And Merchant Growth In Kenya

Mastercard and Safaricom have partnered to enhance payment acceptance and streamline cross-border remittances for over 636,000 Kenyan merchants.

A chemical cloud moving around Atlanta's suburbs prompts a new shelter-in-place alert

ATLANTA (AP) — Residents east of Atlanta were again warned to take shelter where they are on Tuesday if a chemical cloud moves over their neighborhood, as winds shifted the plume from .

Most Hated Message on Wall Street - Ad

My new warning is causing a ruckus. Which is crazy considering I don't support EITHER candidate. Even though many assume this is a political story... the fact is, I work for a financial research firm. We don't view the world through a political lens. We view it economically. Which is why we have a long history of being called crazy.

Do NOT Buy Nvidia, Apple, Microsoft, Meta, Tesla, or ANY Major Tech Stock... - Ad

31 billionaires (including: Warren Buffett, Elon Musk, Jeff Bezos, and more) are quietly unloading shares of their OWN stocks at RECORD pace... But why? Wall Street legend Eric Fry says it's because, soon: "America's most popular stocks like Nvidia, Apple, Meta, Tesla, and thousands more... are set to come plummeting back to Earth." Erasing YEARS of investor profits... Sparking a $17 trillion PANIC on Wall Street...

Iran Attacks Israel With Missiles, Middle East Tensions Escalates: S&P 500, Stocks, Bitcoin Fall As Oil, Gold Rise

On Tuesday, Iran launched a missile attack against Israel following the recent killing of Hezbollah leader Hassan Nasrallah. The strike occurred after the United States warned that an attack in the region was imminent.

Why Is Rocket Lab Stock Up Today?

Rocket Lab shares are climbing again Friday after Keybanc raised its price target on the stock from $8 to $11. Here's a look at what's going on:

Gold at $2,600... But This Stock Gives You More for Under $20 - Ad

Gold just soared over $2,600 an ounce. But what if I told you there's a way to get exposure to MORE than an ounce of gold... for less than $20? I've found a little-known gold play that gives you a way to claim a stake in over an ounce of gold for a fraction of the price. But I don't expect this to last long.

Fortescue Announces $2.8B Electrification Deal, Chairman Claims 'Future Is Zero Emissions'

Fortescue Metals invests $2.8 billion in fleet electrification, firmly committed to green transition goals. This move sets them apart from competitors.

Most Recent

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright technicaltrading.org
Privacy Policy | Terms of Service