Supreme Court Ruling on Tariffs Could Boost Nucor and First Solar Shares

Friday, Jan 9, 2026 5:34 pm ET1min read
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The Supreme Court may uphold President Trump's tariffs, which could sustain pricing power for domestic producers Nucor (NUE) and First Solar (FSLR). Nucor shares surged 43% over the past year due to steel tariffs, which cut U.S. imports by 35%. First Solar gained 29% as U.S. production avoided tariffs hitting Chinese rivals. An order backlog jump of 58% to a record high was also recorded by Nucor.

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