Tom Nash
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Episode 8 out of 30 - Inflation Friendly Stocks
🕑 Added 2021-06-17 17:08:11 +0000 UTCHey Patreons, this is episode 8 out of 30 in our inflation friendly stocks.
As I mentioned, there are number of industries that tend to perform better during inflationary times, with infrastructure being one of them. In my last post I told you about EPD, and in this post I want to share with you an infrastructure stock which I feel will be a great fit for inflationary times.
The stock is $NUE Nucor Corporation.
Nucor Corporation is one of the biggest steel products company in the US. In addition, its a major player in the metals recycling industry in the US., which sets it up to benefit from the expected inflation and the expected spike in construction as a result.
Short interest in only 2.58% and the company is generating over $20B in revenue per year.
The company is still trading at reasonable multiples, the EV / Sales is 1.55 while EV to Ebitda is 10.22 and Price to Sales is 1.41 - Clearly, NUE is trading at very reasonable multiples right now.
All 3 divisions of the company, steel mills, steel products and raw materials are expected to outperform the market during inflationary times. The company is sitting on $2.5B in cash, it has double the assets vs the liabilities, which shows its well run. As the real estate market and inflation heat up, this company will benefit from both these trends significantly.
DISCLAIMER: All of Tom's trades, strategies, and news coverage are based on his own opinions alone and are only done for entertainment purposes. If you are watching To'ms videos, please Don't take any of this content as guidance for buying or selling any type of investment or security. Tom Nash is not a financial advisor and anything said on this YouTube channel should not be seen as financial advice. Tom is merely sharing his own personal opinion. Your own results in the stock market or with any type of investment may not be typical and may vary from person to person. Please keep in mind that there are a lot of risks associated with investing in the stock market so do your own research and due diligence before making any investment decisions.
Comments
Landon
I don’t see the link for the 30…nor the target price for NUE…
Mark Tigchelaar
Yeah what’s up with only 8 out of 30?
Antonio Albarran
Still waiting for the 30 stocks in 30cdays Tom as u told everyone
Philip Kolarov
Hey Tom, what happens with the other companies?
CINEPEDIA
Below where?
Murat Ilyassov
Hi Tom what is your target price for Nucor Corp?
Generico Fakero
I’ll raise it imo but I need a day
MONZER Ali
Hi Tom, do you still maitain 241 price target for CRWD ?
Moe M
Hey Tom, I'm really curious to know if you still think the inflation stocks play is a good one. It scares me when Jim Cramer and Paul Tudor (suits) say it's good to buy inflation, don't you think it's too late and they just want us to buy their position?
A cunha
I am using my phone btw. Is it better to use a desktop computer?
A cunha
Hey Tom, I am new here. I do not see the list of 30 inflation friendly stocks. Could you please tell me where exactly to find it? Thanks
Generico Fakero
It’s in the posts below but I also plan to upload a google drive worksheet with all these stocks listed and I’ll post the link here
Steven Canela
Do you know where I can find the complete list of the 30 friendly inflation stocks?
Justin Shelby
What is the best way to transition your portfolio over to inflation proof stocks? Is it better to sell out of any short term positions and put them in any of the 30 stocks or is it better to start buying those stocks now?
eitanshushu
Very pricey stock imo, taking a deep dive today https://www.fool.com/investing/2021/06/17/why-is-everyone-talking-about-nucor-stock/
Clucky
Love this pick Tom! What’s your target price?
