50% off Premium Yearly

NYSE:NUE
It's the second-best performer on the S&P, up 105% YTD. Those fearing an interest rate hike will lead to steel prices cooling and NUE's business cooling, because anything using steel (ex-infrastructure) might be hurt by higher rates. Despite that, Nucor bought a Cornerstone Building Brands today, which may be good for their business. But the stock sold off today anyway over 1%. He thinks this is a great buying opportunity. NUE has a great track record when the cycle gets going like now.