Reported about 16 hours ago
Nucor, a leading steel manufacturer, is positioned to benefit from the growing demand for data centers powered by artificial intelligence (AI). Despite being undervalued currently, with shares down 30% from their highs and a strong history of dividend increases, Nucor's resilient business model and strategic investments signal a promising outlook. As the AI sector matures and expands, Nucor's products, essential for data center construction and electric infrastructure, may propel its growth and stock value in the future.
Source: YAHOO