Nucor offers compelling 18-month upside potential with a $150 fair value target as the steel giant pivots from commodity producer to value-added manufacturer. The company expects significantly higher Q2 earnings driven by 20-30% steel price increases from new tariffs, while strategic acquisitions in data centers, towers, and infrastructure position Nucor to capitalize on reshoring and electric grid expansion. With hot rolled coil futures recovering and new automated facilities coming online, Nucor is well-positioned to benefit from both cyclical steel recovery and structural demand growth in telecommunications and utilities.
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