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Is Nucor Stock a Buy?

TheMotleyFool

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Share prices for U.S. steel giant Nucor (NYSE: NUE) are up around 30% so far in 2021. That's a nice number, given that the S&P 500 Index is only up around 5.6% over the same timeframe.

But does this impressive run make Nucor a buy? Here are four things to consider about this company before you pull the trigger.

Nucor lays claim to being the largest and most diversified steelmaker in the United States. It has the No. 1 or 2 positions in 11 steel categories and is the nation's largest recycler (scrap is a key steelmaking input for the company). Its 25 mills have the capacity to create 27 million tons of steel a year.

Source Fool.com

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