NUE Should I Buy
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Nucor Corp (NUE) is a good buy for a beginner investor with a long-term strategy and an investment budget of $50,000-$100,000. The stock is supported by strong financial performance, positive analyst upgrades, and hedge fund interest, making it a solid choice for long-term growth.
The MACD is positively expanding with a histogram of 0.162, indicating bullish momentum. RSI is neutral at 58.096, and moving averages are converging, suggesting a potential breakout. The pre-market price of $166 is near the R1 resistance level of $166.759, indicating potential upward movement.
UBS upgraded Nucor to Buy with a price target of $190, citing a buying opportunity due to recent market selloff.
Hedge fund buying has increased significantly by 1257.47% in the last quarter.
Strong financial performance in Q4 2025 with revenue up 8.64% YoY and EPS up 34.43% YoY.
Declining demand in the steel industry due to China's real estate market sluggishness and softness in residential construction and automotive sectors.
Broader market uncertainty due to geopolitical tensions with Iran.
In Q4 2025, Nucor reported revenue growth of 8.64% YoY to $7.69 billion, net income growth of 31.66% YoY to $376 million, and EPS growth of 34.43% YoY to $1.64. Gross margin also improved by 26.52% YoY to 11.21%, indicating strong operational efficiency.
Analysts are generally bullish on Nucor. UBS upgraded the stock to Buy with a price target of $190, citing insulation from geopolitical risks and growth in federally supported projects. Other analysts, such as BMO Capital and Wells Fargo, have raised price targets to $196 and $194, respectively, highlighting modernization efforts and profitability improvements.
