I got interested in X as a potential long about 18 months ago. Valuations across the space were absurdly low as investors prepped for the Great Recession That Never Was. My 2 cents is that you’re right--Nucor will likely re-rate higher, but an additional tailwind will be the continued acceleration of industrial expansion in the U.S.
I got interested in X as a potential long about 18 months ago. Valuations across the space were absurdly low as investors prepped for the Great Recession That Never Was. My 2 cents is that you’re right--Nucor will likely re-rate higher, but an additional tailwind will be the continued acceleration of industrial expansion in the U.S.