Nucor: Capital Expenditures Plan, M&A Efforts, And Trading Cheaply

Monty Rakusen Nucor Corporation (NYSE:NUE) established an expansionary strategy based on new acquisitions and advancement of Nucor’s capabilities. Recently, NUE announced new capital expenditures plans, which could bring new capacity and free cash flow expectations. The recent outlook given for the year 2024 was not that beneficial, and the recent decline in the average sales price per ton sold is also not helping. However, given previous free cash flow growth trajectory and the company's ongoing stock  ...