simonkr Shares of Reliance Steel & Aluminum Co. (NYSE:RS) have risen to fresh all-time highs in a convincing way as the company ended 2023 on a solid note, even as sales and earnings were down from an exceptionally strong 2022. The margin reversal (from peak to more normal levels) goes slowly, with the company still posting above-average earnings, as the company continues to perform well, with organic performance and bolt-on dealmaking efforts only adding to a very impressive track record. The niche operati ...