With the exception of two dips into the yellow zone, most recently in May-June, steelmaker Nucor (NUE) has spent the last year in the Green Favored Zone of the SIA S&P 500 Index Report, reflecting robust economic conditions.
Nucor has been climbing up the rankings in the last month moving up 107 positions to 64th place. Yesterday, with the shares rallying 3.75% on the back of a positive earnings report, NUE moved up 10 spots.
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