How Do You Invest In Nucor Stock?
Nucor is considered one of America’s biggest steel producers. Its growth over the company’s history has also made it one of the country’s most admired companies. Ransom Olds, the creator of the Oldsmobile, started Nucor in 1905 as a car company but it evolved into a steel company. Nucor, which was added to the New York Stock Exchange in 1972, produces more than 20 million tons of steel and specializes in steel recycling. Its products include carbon steel, fasteners, alloy steel and steel products. The company’s clients include auto makers and manufacturers. Determine Nucor’s financial strength. Even though Nucor is typically one of the best steel companies, the company and steel industry earnings can and do swing. So does Nucor’s profitability. Signs of financial strength include consecutive quarters of earnings and profits growth. These numbers can be found on financial web sites, as well as in the company’s quarterly statements. See “Resources” for sites to check. Check the steel and
