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Barchart
Barchart
Jim Van Meerten

Nucor Is Fighting the Tariff Tide as NUE Stock Surges 130%

  • Nucor (NUE) is leading U.S. steel producer benefiting from strong technical momentum and favorable tariff dynamics.
  • NUE has surged 128% over the past year, with a 100% “Buy” Barchart technical opinion.
  • Analysts project 17.13% revenue growth and 89.47% earnings growth this year, despite some valuation concerns.
  • I see NUE’s U.S. focus and tariff protection as key drivers, with low short interest signaling confidence.

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