With a market cap of $51.4 billion, Nucor Corporation (NUE) is a leading steel manufacturer and recycler that produces a wide range of steel and steel-related products through its Steel Mills, Steel Products, and Raw Materials segments. It serves customers across the United States, Canada, and Mexico with products used in construction, manufacturing, infrastructure, and energy industries.
Shares of the Charlotte, North Carolina-based company have exceeded the broader market over the past 52 weeks. NUE stock has jumped 101.3% over this time frame, while the broader S&P 500 Index ($SPX) has gained 25.1%. Moreover, shares of the company have soared 37.9% on a YTD basis, compared to SPX's 8.6% return.
