Should You Consider Investing in Nucor Corporation (NUE)? Madison Funds, an investment management firm, published its “Madison Dividend Income Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of +7.6% was delivered by the fund’s Class Y for the Q1 of 2021, ahead of its S&P 500 benchmark that delivered a +6.2% return but below the Russell 1000 Value index that had an +11.2% gain for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021. Madison Funds, in their Q1 2021 investor letter, mentioned Nucor Corporation (NYSE: NUE), and shared their insights on the company. Nucor Corporation is a Charlotte, North Carolina-based steel production company that currently has a $24.4 billion market capitalization. Since the beginning of the year, NUE delivered a 53.37% return, extending its 12-month gains to 91.95%. As of April 28, 2021, the stock closed at $81.58 per share.