Nucor Not In The Clear

After a few years as an equity analyst, you get a little jaded about management guidance. Some managers are perpetual optimists who always promise and never deliver. Others are more like perpetual Eeyore's and never see anything good happening. 

And then there is the management of Nucor (NYSE:NUE). In all of the years I have paid attention to this company, I have never known management to be anything less than forthcoming and straight-shooting, if somewhat conservative. So when the CEO of Nucor expresses concern about the near-term (six to 12 months) outlook for the economy and steel markets, I tend to listen. 



For the complete piece:
http://stocks.investopedia.com/stock-analysis/2010/Nucor-Not-In-The-Clear-NUE-STLD-CAT-BUCY-WHR0726.aspx