Investopedia: Nucor's Rally Leaves Little On The Table

Since the title of this article largely hints at the conclusion, let me make it clear that I think Nucor (NYSE:NUE) is one of the best commodity companies in the world and maybe one of the best-run companies in the country. The question for 2012, then, is whether the market for steel products can develop even more favorably than a generally bullish chorus analysts already expect. 

2011 Ends on a Shrug  
Although Nucor's year-on-year comparisons for the fourth quarter look strong, whatever happened last year may as well have happened 100 years ago for all it matters to current market conditions. So, 25% revenue growth and 120% earnings before interest, taxes, depreciation and amortization (EBTIDA) growth is all well and good, but largely irrelevant to investors. (For related reading on EBITDA, see EBITDA: Challenging The Calculation.)

Read the full piece here:
http://stocks.investopedia.com/stock-analysis/2012/Nucors-Rally-Leaves-Little-On-The-Table-NUE-STLD-MT-AKS0130.aspx