Berkshire Hathaway increases investment in Alphabet while reducing its holdings in Apple.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 14 2025
0mins
Should l Buy NUE?
Berkshire Hathaway's New Investments: In the third quarter of 2025, Berkshire Hathaway purchased shares of Alphabet (GOOGL) and exited its position in D.R. Horton (DHI).
Increased and Decreased Holdings: The company increased its stakes in several holdings, including Chubb (CB) and Domino's Pizza (DPZ), while reducing its investments in others like Apple (AAPL) and Bank of America (BAC).
Top Holdings: As of September 30, 2025, Berkshire Hathaway's largest holdings were Apple, American Express (AXP), Bank of America, Coca-Cola (KO), and Chevron (CVX).
Overall Portfolio Changes: The SEC filing revealed a mix of new purchases, exits, and adjustments in existing positions, reflecting Berkshire Hathaway's ongoing investment strategy.
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Analyst Views on NUE
Wall Street analysts forecast NUE stock price to rise
10 Analyst Rating
8 Buy
2 Hold
0 Sell
Strong Buy
Current: 176.880
Low
168.00
Averages
179.00
High
200.00
Current: 176.880
Low
168.00
Averages
179.00
High
200.00
About NUE
Nucor Corporation is a manufacturer of steel and steel products, with operating facilities in the United States, Canada and Mexico. The Company also produces and procures ferrous and non-ferrous materials primarily for use in its steel manufacturing business. Its segments include steel mills, steel products and raw materials. Its products include carbon and alloy steel in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. The Company, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Volatility Assessment: The trailing twelve-month volatility for Nucor stands at 37%, and when combined with fundamental analysis, it aids investors in evaluating the risk-reward profile of selling December covered calls at the $185 strike price.
- Options Trading Dynamics: As of Tuesday afternoon, the put volume among S&P 500 components reached 871,581 contracts, while call volume hit 1.67 million, indicating a strong preference for calls among traders, suggesting an optimistic market sentiment.
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- Tariff Increases: Trump announced a 10% tariff on all imports, with potential increases to 15% in the coming months, directly impacting the competitiveness of EU exporters and increasing market uncertainty.
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See More
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- Market Reaction: Dow futures are down about 500 points and Brent crude oil prices have surged over 8% following the U.S.-Israeli attack on Iran, indicating limited market tolerance for a short war, while a prolonged conflict could lead to soaring oil prices and broader economic impacts.
- Iran Situation: The assassination of Iran's Supreme Leader Ayatollah Khamenei has led to a negative market response, with concerns that the Islamic Revolutionary Guard will remain in power, suggesting that international conflict may not ease, thereby increasing market uncertainty.
- Energy Stock Dynamics: Citigroup raised price targets for several energy companies, including Chevron and Exxon, reflecting market fears of supply disruptions as tankers are rerouted to avoid the Strait of Hormuz, which could lead to sustained supply issues.
- Tech Stock Outlook: Nvidia plans to unveil a new inference processor aimed at enhancing AI system efficiency, and despite concerns over AI disruption, analysts remain bullish on its semiconductor performance, with Morgan Stanley again naming it a top pick, replacing Micron.
See More
Nvidia Reports Strong Earnings but Shares Decline
- Earnings Beat: Nvidia's fourth-quarter results surpassed revenue and profit expectations, indicating sustained demand for its AI compute platforms; however, the stock price sharply declined, reflecting investor skepticism about the sustainability of high expectations.
- Cautious Market Reaction: Despite Nvidia's strong performance, Wall Street's muted response highlights a shift in focus from headline earnings to deeper concerns regarding long-term growth, capital returns, and competitive dynamics in the AI sector.
- Increased Competitive Pressure: As rival AI hardware efforts gain traction, investors are increasingly concerned about future spending patterns and competition from alternative AI chip designs, which has pressured broader technology stocks and underscored the fragility of the AI-led market rally.
- Significant Industry Impact: Nvidia's pullback not only affected its own stock but also weighed heavily on the semiconductor sector, contributing to sluggish performance among major tech benchmarks late in the week, indicating a waning confidence in AI-related stocks.
See More
Wholesale Prices Rise Unexpectedly, Intensifying Inflation Pressures
- Core PPI Surge: The core Producer Price Index (PPI) rose by 0.8% in January, exceeding the market expectation of 0.3%, indicating persistent inflationary pressures that could influence the Fed's interest rate decisions.
- Overall Price Trends: The headline PPI increased by 0.5%, also surpassing the forecast of 0.3% and up 0.1 percentage points from the previous month, suggesting that inflation is not easing and may pose challenges to economic recovery.
- Service Price Drivers: Service prices rose by 0.8%, marking the highest increase since July 2025, with over 20% of this increase attributed to margins in professional and commercial equipment wholesaling, reflecting strong demand in the services sector.
- Goods Price Fluctuations: While overall goods prices fell by 0.3%, core goods prices increased by 0.7%, and metal prices surged by 4.8%, indicating robust demand for certain goods that may impact future supply chain costs.
See More
Nucor Corp Dividend and Options Trading Analysis
- Dividend History Analysis: Nucor Corp's dividend history chart indicates that the recent dividend is likely to continue, with an expected annualized yield of 1.3%, providing investors with a stable income outlook.
- Volatility Assessment: The trailing twelve-month volatility for Nucor stands at 37%, and when combined with fundamental analysis, it aids investors in evaluating the risk-reward profile of selling December covered calls at the $185 strike price.
- Options Trading Dynamics: As of Tuesday afternoon, the put volume among S&P 500 components reached 871,581 contracts, while call volume hit 1.67 million, indicating a strong preference for calls among traders, suggesting an optimistic market sentiment.
- Market Trend Observation: The current put-call ratio of 0.52 is below the long-term median of 0.65, reflecting an increased market expectation for future price increases, which could influence Nucor's stock price trajectory.
See More
Trump's 10% Tariff Sends Shockwaves Through Global Markets
- Tariff Impact: Trump's new 10% universal tariff is sending shockwaves through global markets, particularly threatening profit margins for companies reliant on overseas manufacturing, which may lead to decreased investor confidence in these firms.
- Domestic Supply Chain Advantage: Companies like Tesla, which rely heavily on domestic supply chains, face significantly lower exposure to tariffs, allowing them greater control over production costs, especially as global supply chains become more volatile.
- Steel Industry Beneficiary: Steel producer Nucor Corp., with most of its production based in the U.S., is less dependent on imported materials, and tariffs on imports could further strengthen its competitive position in the market.
- Shifting Investor Preferences: As tariff uncertainty reshapes the global trade landscape, investors may increasingly favor companies with supply chains closer to home, turning domestic manufacturing into a powerful competitive advantage.
See More
US-EU Trade Agreement Breached Amid Tariff Threats
- Trade Agreement Breach: The U.S. has breached its trade agreement with the EU, prompting the bloc to prepare retaliatory measures, indicating heightened tensions that could undermine future trade stability.
- Tariff Increases: Trump announced a 10% tariff on all imports, with potential increases to 15% in the coming months, directly impacting the competitiveness of EU exporters and increasing market uncertainty.
- EU Response: The EU has paused ratification of the U.S.-EU trade agreement, seeking clarity from the U.S. government on the deal's validity, which could further deteriorate trade relations and affect small businesses.
- Retaliatory Measures Prepared: The EU is considering using the Anti-Coercion Instrument (ACI) as an economic countermeasure, although countries like Germany and Italy oppose this, but if implemented, it would restrict U.S. suppliers' access to the EU market, impacting bilateral trade.
See More
