Why Should You Add Reliance Steel (RS) to Your Portfolio?
Reliance(RS) Zacks Investment Research·2024-01-03 22:01
Reliance Steel & Aluminum Co. (RS) has been benefiting from healthy demand across its major end-use markets, a diversified product base and strategic acquisitions.We are optimistic about its prospects and believe that the time is right to add the stock to one's portfolio as it looks poised to carry the momentum ahead.Reliance Steel carries a Zacks Rank #2 (Buy) and has a VGM Score of A. Our research shows that stocks with a VGM Score of A or B, combined with a Zacks Rank #1 (Strong Buy) or 2, offer the best ...