Post by
forkliftguy on May 23, 2021 12:49pm
Stelco Vs. Nucor
Jim Cramer in the U.S. really likes Nucor . Mr. Cramer has had on their CEO for a prime time interview . It is forecast to make 12 dollars a share this Year . Sound familiar . Stelco is forecast to make roughly the same . Next years forecated earnings are similiar . Stelco has the most modern and cost efficient equipment in North America . Everything being equal , I would take Stelco .It is smaller and has more growth potential . Surprisingly , Nucor Trades at 102 dollars a share , 3 times Stelco"s price of 34 dollars . I love to see short selling , because at some point , The Short Sellers will have to cover their position , as well pay any dividends due . I just received my hard copy annual report , so I have some reading to do . Looks like a great year coming up for Stelco . Does anyone know if Stelco is still going to sell off their excess Real Estate? ? ? . Seems like a good time to do so .