Nucor Corp. (NUE): Today's Featured Metals & Mining Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Nucor ( NUE) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day down 0.3%. By the end of trading, Nucor fell $0.67 (-1.3%) to $50.42 on average volume. Throughout the day, 1,931,305 shares of Nucor exchanged hands as compared to its average daily volume of 1,907,500 shares. The stock ranged in price between $50.38-$51.23 after having opened the day at $51.18 as compared to the previous trading day's close of $51.09. Other companies within the Metals & Mining industry that declined today were: China Gengsheng Minerals ( CHGS), down 17.4%, Avino Silver & Gold Mines ( ASM), down 7.7%, Northern Dynasty Minerals ( NAK), down 6.2% and General Steel Holdings ( GSI), down 5.9%.

Nucor Corporation, together with its subsidiaries, engages in the manufacture and sale of steel and steel products in North America and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. Nucor has a market cap of $16.1 billion and is part of the basic materials sector. Shares are down 5.1% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Nucor a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Nucor as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Solitario Exploration & Royalty ( XPL), up 22.8%, James River Coal Company ( JRCC), up 8.4%, Thompson Creek Metals Company ( TC), up 7.9% and Denison Mines Corporation ( DNN), up 6.3% , were all gainers within the metals & mining industry with US Silica Holdings ( SLCA) being today's featured metals & mining industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF ( XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN ( BOS).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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