Validea Daily Guru Fundamental Report for NUE - 2/17/2023

Below is Validea's daily guru fundamental report for NUCOR CORPORATION (NUE). Of the 22 guru strategies we follow, NUE rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum and price momentum.

NUCOR CORPORATION (NUE) is a large-cap value stock in the Iron & Steel industry. The rating using this strategy is 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.

Company Description: Nucor Corporation is focused on manufacturing steel and steel products that produces direct reduced iron for use in its steel mills. The Company's segments include Steel Mills, Steel Products and Raw Materials. The Steel Mills segment produces sheet steel (hot-rolled, cold-rolled and galvanized), plate steel, beam blanks, H-piling and sheet piling, bar steel, blooms, billets, concrete reinforcing bar, merchant bar and engineered special bar quality. The Steel Products segment produces hollow structural section steel tubing, electrical conduit, steel racking, steel joists and joist girders, steel deck, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, metal building systems, steel grating and expanded metal, and wire and wire mesh. The Raw Materials segment produces direct reduced iron; brokers ferrous and nonferrous metals, pig iron, hot briquetted iron and direct reduced iron; supplies ferro-alloys, and processes ferrous and nonferrous scrap metal.