Nucor Corp (NYSE:NUE) is one of the best stocks to buy according to David Greenspan’s Slate Path Capital.
Slate Path Capital increased its position in Nucor Corp stock by 23% during Q1 2026, and the stock now makes up 5.1% of the portfolio
Some 59 hedge funds have positions in this American steel stock. On June 17, Nucor Corp (NYSE:NUE) provided an update on its earnings expectations for Q2 2026. The steel producer is expecting to post GAAP EPS in the range of $4.70 to $4.80 and adjusted EPS in the band of $4.50 to $4.60.
The company’s GAAP EPS was $2.60 in Q2 2025. Nucor expects its Q2 earnings to benefit from strong volumes and prices. Nucor had a strong start to the year, delivering solid Q1 2026 results.