Reliance Steel & Aluminum Company

NYSE: RS
$319.54
+$0.05 (+0.0%)
Closing price April 22, 2024
Reliance, Inc. is a leading provider of diversified metal solutions in the U.S., Canada, and beyond. With a vast inventory of around 100,000 metal products including alloys, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steels, it caters to a wide range of industries. These industries include manufacturing, construction, transportation, aerospace, energy, and electronics. Reliance not only distributes metals but also offers processing services, primarily serving original equipment manufacturers, small machine shops, and fabricators. Founded in 1939 and headquartered in Scottsdale, Arizona, it has a rich history in the metals service sector.
BMO Capital Markets recently issued a few calls for firms within the metal fabrication industry that imply serious upside for each stock. One in particular has up to more than 20% upside potential.
Tuesday’s top analyst upgrades and downgrades included Bed Bath & Beyond, Dick's Sporting Goods, Etsy, Illinois Tool Works, Plains All-American Pipeline, Poshmark, PPL, Revolve and Truist Financial.
Friday’s additional top analyst upgrades and downgrades were on Amazon.com, Comcast, Mastercard, Old Republic, Roku, Stanley Black & Decker and Verizon Communications.
Thursday’s additional top analyst upgrades and downgrades included Royalty Pharma, Twitter, UPS and more.
Monday's top analyst upgrades and downgrades included Advance Auto Parts, Agnico-Eagle Mines, Applovin, ChargePoint, Corning, General Dynamics, QuantumScape, STMicroelectronics, Tapestry, Target and...
Tuesday's top analyst upgrades and downgrades included Bath & Body Works, Cummins, Coinbase Global, Planet Fitness, Reliance Steel, Shift Technologies, Steel Dynamics and Vertex.
Monday's top analyst upgrades and downgrades included Analog Devices, Bilibili, Chewy, Dish Network, D.R. Horton, Hewlett Packard Enterprise, Krispy Kreme, Lowe's and Southwest Airlines.
Goldman Sachs is out with a report on seven U.S. steel makers. The analysts are initiating coverage on the companies just in time for a debate over President Biden's infrastructure plan.
Metal and mining stocks were hit hard earlier this year by the COVID-19 pandemic. Share prices have mostly recovered and in many cases, these stocks appear to be overpriced.
Tuesday's top analyst upgrades and downgrades included Charter Communications, Clorox, FirstEnergy, Neurocrine Biosciences, RingCentral, Roku, Seagate Technology, Take-Two Interactive Software and...
Wednesday's top analyst upgrades and downgrades included Bluebird Bio, Ciena, CommVault Systems, Dollar General, JD.com, Kroger, Nucor, Target and Walmart.
Monday's top analyst upgrades and downgrades included Alphabet, Amazon.com, Amgen, Cerner, eBay, Gap, Nike, Nucor, Procter & Gamble, TJX and ViacomCBS.
Tuesday's top analyst calls included Advanced Micro Devices, Alcoa, Biomarin Pharmaceutical, Coca-Cola, Ford, General Motors, Intel, Kinder Morgan, Micron Technology, Nvidia, Tesla, Twitter and...
Wednesday's top analyst upgrades, downgrades and initiations included Advanced Micro Devices, Apple, Biomarin, Corning, Electronic Arts, FireEye, Grubhub, Nordstrom, NXP Semiconductors, Shopify and...
The rotation from high growth-stocks to value stocks has been a key theme of September, which means that shares of companies that had lagged the broader bull market were starting to shine.