This Could Be Like Buying Crypto In 2020

Wall Street veteran Ian King says, "this could be like buying crypto in 2020." Now Ian's pounding the table on a new opportunity that's on the cusp of mainstream adoption just like crypto in 2020. And he's recommending you buy 3 little-known stocks ahead of an official announcement from the U.S. government.

NUE
Nucor Corporation
NYSE
154.09
Open 157.27 Prev Close 156.42
High 159.10 Low 156.01
Volume 0 Volume (Avg) 1,459,959
52 Week High 72.20 52 Week Low 27.31
Market Cap 21B PE Ratio 8.89

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 Ratio8.89
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 Ratio8.89
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 1.36%.

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
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