This Billionaire's Final Masterpiece: "X-9840"

The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix... Just released the details on what he's calling Project X-9840. This business mogul is now set to revolutionize MONEY. He has said he could flip the switch "as early as mid 2024."

NUE
Nucor Corporation
NYSE
156.26
Open 156.88 Prev Close 158.08
High 160.44 Low 155.32
Volume 3,517,842 Volume (Avg) 1,476,216
52 Week High 72.20 52 Week Low 27.31
Market Cap 21B PE Ratio 8.99

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 Ratio8.99
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 Ratio8.99
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 1.34%.

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
Most Popular

Trump Reportedly Makes Decision On VP Pick, Says Running Mate Will Be At Debate

Former President Donald Trump has made a decision on his vice presidential nominee for the forthcoming election.

8 Large Cap Stocks That Outperformed Nvidia Over The Past Year

Nvidia surged 217.58% over the past year, 173.78% year-to-date. Here are eight large-cap stocks that outperformed it this past year.

Your Second Chance to Profit from AI - Ad

If you missed out on Nvidia, don't worry. A 244-year-old pattern is about to trigger a $25.6 trillion AI surge... And send three overlooked stocks soaring 1,000%+

Morgan Stanley Picks This Taiwanese Chip Designer As 'Unique Nvidia Proxy'

They anticipate Aspeed will gain additional traction in smart city and factory projects, which should positively influence the company's gross margins.

Buy This Sub-$5 Play on His Final Masterpiece - Ad

I just issued my latest prediction on how this billionaire is about to shock the world with what I believe will be his final masterpiece. Once he flips the switch... Which could happen as early as mid-2024... I believe it could send this sub-$5 play skyrocketing in the coming months.

Top 3 Materials Stocks That May Explode In Q2

Here's the latest list of major oversold players in this sector, having an RSI near or below 30.

Will Your iPhone Support New Apple Intelligence Features? Here's What You Need To Know

Apple has announced a suite of AI-powered features for iPhones, calling it Apple Intelligence. However, these features will be limited to select iPhones.

Google CEO: This Is likely Bigger Than Electricity - Ad

Electricity reshaped the economy, creating the FAANG stocks and boosting GDP by over 4,900%. AI is going to do it again.

"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." - Ad

The former Goldman Sachs VP -- who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio -- is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."

Trump's company: New Jersey golf club liquor license probe doesn't apply to ex-president

ATLANTIC CITY, N.J. (AP) — Former president Donald Trump is not the holder of liquor licenses at his three New Jersey golf clubs, his company said Tuesday in response to an inquiry by the New Jersey attorney general's office into whether his convictions in a New York case might affect those licenses.

Wall St. Legend: Millions of Americans About to Fall Out of the 1% - Ad

Wall Street insider reveals the financial tidal wave about to knock millions of Americans out of the One Percent. Predicts it will be far worse for everyone else. Warns EVERYONE to seek higher ground now!

Michigan couple, attorney announced as winners of $842.4 million Powerball jackpot

GRAND BLANC TOWNSHIP, Mich. (AP) — A mid-Michigan couple and a lawyer from the west side of the state were announced Tuesday as winners of an $842.4 million Powerball lottery jackpot from a ticket purchased on New Year's Day.

US Supreme Court refuses to take up challenge to Florida's online sports betting compact

FORT LAUDERDALE, Fla. (AP) — The U.S. Supreme Court on Monday refused to take up a challenge to exclusive rights to handle online sports betting in Florida, dealing a blow to the deal's opponents.

Ex-CIA Insider Exposes How Dems Could Rig the Election - Ad

In 2016, surveys were giving Hillary Clinton more than 99% chance of winning right up until election night. But right before the election... Former advisor to the CIA, Jim Rickards predicted Trump would win. You won't believe what he's predicting now. And it could have huge implications for the financial markets.

Massachusetts on verge of becoming second-to-last state to outlaw "revenge porn"

BOSTON (AP) — A bill aimed at outlawing “revenge porn” has been approved by lawmakers in the Massachusetts House and Senate and shipped to Democratic Gov. Maura Healey, a move advocates say was long overdue.

Robert F. Kennedy Jr. Is Facing Significant Financial Challenges In His Run Against Donald Trump And Joe Biden: Report

Robert F. Kennedy Jr.'s presidential campaign is grappling with significant financial challenges, impacting his ability to gain traction as a third-party contender in the 2024 election.

Revealed: AI Keeps Leading Famous Trader to New Tickers - Ad

This strategy is a shocking way to leverage AI's controversial power.

Powerball Winnings Gone: What Happens To Unclaimed Lottery Tickets

Powerball winners often take home tens to hundreds of millions of dollars. Tickets that are lost or not claimed in time end in a different result.

What's the Big Thing Musk, Bezos and Tim Cook All Have in Common? - Ad

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

General Motors Reveals $6B Stock Buyback - What's Going On?

General Motors announces a $6 billion share repurchase plan, aiming to boost shareholder value amidst positive financial performance.

Oppenheimer of Our Age Makes Startling Discovery - Ad

Elon Musk's former business partner, and the man who New York Magazine calls "The Oppenheimer of our Age"...Is working on a secret energy project that could power humanity for 4 BILLION years... And it all has to do with this golf ball.

Ecuador stops waiving visas for Chinese nationals because of an increase in irregular migration

QUITO, Ecuador (AP) — Ecuador on Tuesday announced the suspension of an agreement with China that had waived visas for Chinese citizens traveling to the South American country, citing a “worrying” increase in irregular migration.

Russia Confirms Contact With US Over Possible Swap For Detained WSJ Reporter Evan Gershkovich

Russia has confirmed that discussions are underway with the United States regarding a potential prisoner exchange involving WSJ reporter Evan Gershkovich.

The Tiny Tech Disrupting the $28.4B Hospital Infection Epidemic - Ad

Hospital-acquired infections are a silent killer, but one small company's nanotechnology could put an end to this costly crisis. Their proactive approach is turning heads in the healthcare industry.

Colorado's Youth Cannabis Use Hits Historic Lows, Survey Finds

Colorado's latest survey shows declining youth cannabis use alongside broader shifts in risky behaviors and mental health improvements.

The Election Shock Nobody Expected... (But You'll See it Coming) - Ad

It comes down to just 9 words... Nine simple words which when spoken, will determine the outcome of the 2024 election... These words have nothing to do with Trump, the economy, or what's happening in Ukraine, China or Israel. This is the scandal that isn't being reported (yet.) But my political operatives tracked down this story.

Capcom's Street Fighter Film Locked For 2026 Despite Director Shift

Sony Pictures announces the release date for the new Street Fighter movie. Get the updates on Capcom's video game adaptation

Fresh EU Tariffs Could Slow Down Tesla Chinese Rivals, But Warren Buffett-Backed BYD 'Can Profitably Export Even At A 35% Tariff,' Says Expert

The European Union has introduced new tariffs on electric vehicles manufactured in China, a move that could pose challenges for Chinese automakers. However, companies like BYD are expected to remain competitive.

What President Biden's New Law Means for Investors - Ad

President Biden just signed a new law approving billions of dollars for one small but growing industry, and investors like Bill Gates and Peter Thiel are all over it. This expert just went public with all the details, including which stocks to jump on immediately.

Thousands of drivers file arbitration claims against Amazon for unpaid wages and other losses

NEW YORK (AP) — Thousands of delivery drivers filed legal claims against on Tuesday, alleging the company’s classification of them as independent contractors instead of employees has led to unpaid wages and other financial losses.

What's Going On With Taiwan Semi Stock On Wednesday?

Taiwan Semiconductor Industry to maintain global lead for 8-10 years, urged to ensure research security and develop grand strategy for changing supply chains.

Joe Biden Facing Political "Knockout" In Weeks? - Ad

Weeks from now, we are expecting Joe Biden to make a historical announcement... It will change everything about the coming 2024 election. In short: Joe Biden is facing a new political scandal like no other ... And the shocking thing is, his own party is behind it. It doesn't matter if you're not a political junkie. It doesn't matter who you are voting for. The implications of this sinister turn of events will impact YOUR money, perhaps immediately...

Apple & Mastercard's Move Have Raised The Competition For PayPal: BofA Analyst

The analyst maintains a Neutral rating on PayPal due to competitive challenges from new services like Tap to Cash and tokenization plans from Apple and Mastercard. Despite sensible moves by PayPal's leadership, the complex competitive landscape may limit its growth and stock performance.

Most Recent

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright systemtrading.ca
Privacy Policy | Terms of Service