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Nucor: Time To Buy

2015-09-22 12:26:24| Steel - Topix.net

NUE trades at its 52-week low as its top line performance has taken a beating due to the influx of cheap imports into the U.S. that has created pricing pressure. NUE, however, could see better competitiveness as the Commerce Department is likely to import anti-dumping duties on steel imports into the U.S. NUE has improved its gross margin impressively despite lower revenue due to its investment in higher margin products, which has also created a positive impact on its cash flow profile.

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