The Ultimate Steel Stock to Buy With $1,000 Right Now

When it comes to the domestic steel industry, two companies stand out: Nucor (NYSE: NUE) and Steel Dynamics (NASDAQ: STLD). Both are well run and growing, but one is old and largely mature while the other is still relatively young and growing more quickly.If you are a growth-oriented investor or a dividend growth investor, you'll probably find Steel Dynamics the more attractive choice if you have $1,000 to invest right now. Here's why.Nucor is one of the largest steel companies in North America. It has a long history of success behind it, highlighted by the fact that it has achieved Dividend King status. You don't increase your dividend for 50-plus years without doing something right. And that's doubly true here, given that the steel industry is highly cyclical in nature.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool