The One Trade You Must Make to Play a Steel Tariff War [MSN Money]
Nucor Corporation (NUE)
Last nucor corporation earnings: 4/28 08:00 am
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Source: MSN Money
© kodda/Getty Images Steel pipes in crude oil factory Word is that the United States now plans to allow the European Union's exemption to President Trump's announced 25% tariff on imported steel , and 10% tariff on imported aluminum, to lapse. However, keep in mind that this is the Trump administration. What does that mean? Simply put, this means to me that the situation remains fluid until it does not. Plans often change, and negotiations on leveling playing fields may continue even as tariffs are imposed. Perhaps that is just the leverage that the president is looking for. Are These Tariffs Playable? The only name in this space that I remain long at this point is Action Alerts PLUS holding Nucor , and really the stock had gone sideways for most of 2018. Why did I hang on? For the same reason that I initiated a long position in the first place. For exposure to events such as this. Way back on April 19, Nucor reported a solid first-quarter beat for both earni
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NUE
News
- Altitude Marketing Announces Brand Awareness and Lead Gen Partnership with Universal Industrial Gases (UIG LLC) [Yahoo! Finance]Yahoo! Finance
- Nucor Corporation's (NYSE:NUE) Stock's On An Uptrend: Are Strong Financials Guiding The Market? [Yahoo! Finance]Yahoo! Finance
- Nucor Announces Appointment of Nicole B. Theophilus as Executive Vice President of Talent and Human Resources [Yahoo! Finance]Yahoo! Finance
- Nucor Announces Appointment of Nicole B. Theophilus as Executive Vice President of Talent and Human ResourcesPR Newswire
- Countdown to Nucor (NUE) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS [Yahoo! Finance]Yahoo! Finance
NUE
Earnings
- 1/29/24 - Miss
NUE
Sec Filings
- 3/26/24 - Form 4
- 3/25/24 - Form 4
- 3/25/24 - Form 4
- NUE's page on the SEC website