Reasons to Retain Reliance (RS) Stock in Your Portfolio Now
RSReliance(RS) ZACKS·2024-06-13 21:47

Reliance, Inc. (RS) is gaining from demand strength in its major end-use markets, a diversified product base and strategic acquisitions amid pricing headwinds.Shares of Reliance, a Zacks Rank #3 (Hold) stock, have gained 10.2% in the past year compared with a 4.5% rise of the industry. Image Source: Zacks Investment Research Strong Demand, Acquisitions Drive RSReliance is benefiting from strong underlying demand in its major markets. RS saw an uptick in demand for non-residential construction in the first q ...