U.S. Steel Stock Up 40% on Possible Acquisition: Is the Stock a Buy?
Shares of steelmaker U.S. Steel (NYSE: X) have surged in 2023 on word that the board is exploring a potential sale, and a reported bid from Cleveland-Cliffs (NYSE: CLF) worth over $7.1 billion. In this video, Motley Fool contributors Jason Hall and Tyler Crowe discuss whether it's a buy now, as well as alternative stocks to consider, including Nucor (NYSE: NUE), Cliffs, and Steel Dynamics (NASDAQ: STLD).
*Stock prices used were from the morning of Oct. 18, 2023. The video was published on Oct. 24, 2023.
Source Fool.com
Nucor Corp. Stock
Currently there is a rather positive sentiment for Nucor Corp. with 4 Buy predictions and 1 Sell predictions.
As a result the target price of 190 € shows a positive potential of 31.27% compared to the current price of 144.74 € for Nucor Corp..