Reported about 7 hours ago
Nucor, a major U.S. steelmaker, has seen its stock decline over 45% from its recent peak due to the cyclical nature of the steel industry, which faces downturns during economic uncertainty. Although the company's innovative electric arc mini-mills help maintain profitability, the question remains whether investors should seize this downturn as a buying opportunity. Historically, Nucor's stock tends to perform well in the long term, so buying during low points could be beneficial despite short-term fluctuations.
Source: YAHOO