Nucor (NUE) Could Be 12% Undervalued After Tariff Cut Reports

Nucor (NUE) stock came under pressure after reports that the U.S. and Canada are nearing a trade deal that would cut tariffs on some Canadian steel and aluminum exports from 50% to 25%. See our latest analysis for Nucor. Tariff headlines have triggered a sharp pullback in Nucor’s share price, with the stock down 5.85% over the last day and 8.49% over the past week, although the 46.84% year to date share price return and 75.70% one year total shareholder return still point to strong underlying...