Jim Cramer Advises Investors Not To Sell Nucor Corporation , Shares Down 33 percent YTD
NUE Stock | USD 115.45 0.97 0.85% |
About 55% of Nucor Corp's shareholders are presently thinking to get in. The current sentiment regarding investing in Nucor Corp stock implies that some traders are interested. The current market sentiment, together with Nucor Corp's historical and current headlines, can help investors time the market. In addition, many technical investors use Nucor Corp stock news signals to limit their universe of possible portfolio assets.
Nucor |
We recently compiled a list of the Jim Cramers Bold Predictions About These 10 Industrial Stocks. In this article, we are going to take a look at where Nucor Corporation stands against the other industrial stocks. As 2024 comes to an end, the flagship SP index is up by 25.9 percent year to date, driven primarily
Read at finance.yahoo.com
Nucor Corp Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Nucor Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Nucor Corp Fundamental Analysis
We analyze Nucor Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nucor Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nucor Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
Nucor Corp is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Nucor Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nucor Corp stock to make a market-neutral strategy. Peer analysis of Nucor Corp could also be used in its relative valuation, which is a method of valuing Nucor Corp by comparing valuation metrics with similar companies.
Peers
Nucor Corp Related Equities
PKX | POSCO Holdings | 3.95 | ||||
STLD | Steel Dynamics | 1.09 | ||||
ZEUS | Olympic Steel | 1.09 | ||||
RS | Reliance Steel | 0.43 | ||||
CLF | Cleveland Cliffs | 0.42 | ||||
TX | Ternium SA | 0.44 | ||||
CMC | Commercial Metals | 0.53 | ||||
GGB | Gerdau SA | 2.78 | ||||
MT | ArcelorMittal | 2.93 | ||||
X | United States | 6.53 |
Complementary Tools for Nucor Stock analysis
When running Nucor Corp's price analysis, check to measure Nucor Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nucor Corp is operating at the current time. Most of Nucor Corp's value examination focuses on studying past and present price action to predict the probability of Nucor Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nucor Corp's price. Additionally, you may evaluate how the addition of Nucor Corp to your portfolios can decrease your overall portfolio volatility.
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |