Nucor (NUE) Expands Indiana Pole Output, Is The Stock Still Cheap?

Nucor (NUE) is back in focus after the company outlined a US$105 million expansion at its Nucor Towers & Structures facility in Crawfordsville, Indiana, tied to growing utility pole production. The Crawfordsville announcement follows a strong run in Nucor’s market performance, with the share price up 49.82% year to date and a 1-year total shareholder return of 85.38%. This suggests building momentum, supported by recent index-beating 90-day gains of 7.15% and a 3-year total shareholder return...