Nucor Stock (NUE) Gets a Boost From Buffett. Berkshire’s Last Steel Buy Didn’t Go So Well.
1. Berkshire Hathaway bought Nucor stock, signaling confidence in the company. 2. Nucor shares rose 5% following Berkshire's investment, reaching $151.45. 3. Steel prices around $830 boost Nucor's earnings potential for 2025. 4. Berkshire's strategy mirrors past gains in cyclical industries like steel. 5. Nucor remains a solid dividend payer, raising dividends for over 25 years.