Will Nucor Corporation (NUE) remain at the top of the basic materials industry?
Note 63 Investors Observer gives shares of Nucor Corporation (NUE) places it near the top of the basic materials sector. In addition to scoring over 80 percent of stocks in the basic materials sector, NUE’s overall rating of 63 means the stock scores better than 63 of all stocks.
What do these notes mean?
Trying to find the best stocks can be a daunting task. There are a wide variety of ways to analyze stocks to determine which ones are performing the best. * Investors Observer * makes the whole process easier by using percentile rankings that make it easy for you to find stocks that have the strongest valuations by analysts. Our proprietary rating system captures technical factors, fundamental analysis and the opinions of Wall Street analysts. This makes InvestorsObserver’s overall rating a great place to start, whatever your investing style. The percentile scores are also easy to understand. A score of 100 is the high and a 0 is the low. There’s no need to try to remember what’s “good” for a bunch of complicated ratios, just watch out for the higher numbers.
What is happening with the shares of Nucor Corporation today?
Nucor Corporation (NUE) stock was up 1.71% while the S&P 500 was down -0.22% at 11:37 a.m. on Monday, September 27. NUE is $ 1.73 higher from the previous closing price of $ 100.92 on a volume of 1,023,083 shares. Over the past year, the S&P 500 has gained 32.64% while the NUE is 121.85% higher. NUE has earned $ 10.12 per share over the past 12 months, giving it a price / earnings ratio of 10.15. Click here for the full Nucor Corporation Stock Report.