Is It Too Late to Get in on This Millionaire-Maker Stock?
Since changing its name from Nuclear Corporation of America, selling off its non-steel assets, and going all-in on steelmaking in the early 1970s, Nucor Corporation (NYSE: NUE) has been a remarkable investment. A single $3,000 investment in the company nearly anytime between 1971 and 1978 would be worth well over $1 million today, between the appreciation of Nucor's stock price and the dividends the company has paid.
Does this mean it's time to look elsewhere? To the contrary, the long-term prospects for Nucor look great, while its stock price represents a solid value. While a $3,000 investment in Nucor today might not make you a millionaire like it would have 40 years ago, it's still an ideal stock to own in a long-term wealth-building portfolio.
Image source: Getty Images.
Source: Fool.com
Steel Dynamics Aktie
Leichtes Sell-Übergewicht bei der Steel Dynamics Aktie mit 4 zu 2 Einschätzungen.
Für Steel Dynamics ergibt sich ein leicht negatives Potenzial, angesichts eines Kursziels von 100 € im Vergleich zu 114.48 €.
