Why Trump’s American Revitalization Efforts Could Make Nucor (NUE) Great Again

When the Federal Reserve slashed the benchmark interest rate for the first time since December of last year, the usual suspects — gold, cryptocurrencies and other growth-centric sectors and enterprises — seemingly received most of the headlines. However, investors should really be paying close attention to the steel market, specifically Nucor (NUE). Amid all the hype in tech, NUE stock presents an underappreciated upside narrative. Fundamentally, lower interest rates reduce borrowing costs, which in turn ...