Monday, March 13, 2006

Nucor

The top performing Dow Jones industry group in 2006 is... steel! And despite the fact that most of the group did poorly this past week, Nucor Group (NUE) hit another 52-week high, closing up 8.3% at $95.08. However, today's open above $96 was followed by profit-taking as the stock dropped by $3 in afternoon trading. Keep an eye on trading in the steel group as a top forms for many of these high flying industrial stocks.
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