Reliance Steel & Aluminum (NYSE:RS)

Top Analyst Upgrades and Downgrades: AMD, Apple, Biomarin, Corning, EA, FireEye, Grubhub, Nordstrom, NXP, Shopify, Xerox and More

Posted: October 30, 2019 at 9:02 am

Stocks managed to close marginally lower on Tuesday ahead of Wednesday's FOMC announcement, and the CME FedWatch Tool's 94.1% probability for a rate cut at the start of the week ...
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Metals Stocks Still at Bargain Bin Levels During Rotation From Growth to Value

Posted: September 12, 2019 at 1:00 pm

The rotation from high growth-stocks into value stocks has been a key theme of September. It also means that shares of the companies that had lagged the broader bull market ...
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Will the Last Analyst to Downgrade Steel Turn Out the Lights?

Posted: June 4, 2019 at 1:45 pm

The U.S. steel industry was poised to recover in April. The world was still awash in steel producing capacity, but the overall business climate was setting up to support steel ...
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Why Deutsche Bank Sees More Pain Coming for Major Steel Stocks

Posted: May 30, 2019 at 10:35 am

There is more pain coming for the steel industry. At least that is the take from Deutsche Bank. If investors were only looking at the price of steel stocks, they ...
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Will US Steel Create a Rerating of Battered Steel Stocks?

Posted: May 3, 2019 at 12:00 pm

Despite some still fairly new tariff protections for the steel industry, the global hiccup in growth has been hard on the U.S. steel industry. Oversupply and overcapacity concerns continue to ...
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Top Analyst Upgrades and Downgrades: Amazon, Aurora Cannabis, Cleveland-Cliffs, FedEx, Ferrari, Grubhub, Hexo, Proofpoint, Shutterfly, Starbucks and More

Posted: April 26, 2019 at 9:00 am

Stocks were indicated to have a small gain ahead of the opening bell on Friday. The S&P 500 has challenged all-time highs and the Nasdaq put in a new high ...
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Top Analyst Upgrades and Downgrades: AEP, CVS, Ecolab, Entergy, Microsoft, Morgan Stanley, PepsiCo, Snap, Yelp and More

Posted: April 18, 2019 at 8:40 am

Stocks were indicated to open marginally higher on Thursday ahead of the release of the highly awaited Mueller report. With the major market indexes still up well into the double-digit ...
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China Trade Settlement Could Be Huge for Steel Stocks: 4 to Buy

Posted: April 17, 2019 at 7:00 am

The ongoing discussions between the United States and China concerning trade and tariffs drag on, but it is starting to look like some agreement may be on the horizon. In ...
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Jefferies Says Higher Prices Make Top Steel Plays Solid Buys Now

Posted: March 1, 2019 at 6:55 am

One of the biggest priorities facing what is now a very divided Congress is the need to start fixing what is an old and worn out United States infrastructure. This ...
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Strong Dollar Has Analyst Buying US Stocks: 5 Top Picks

Posted: August 21, 2018 at 8:00 am

While a strong dollar is nice for those looking to travel to Europe, it’s not so great for companies looking to sell goods and services abroad. For numerous reasons, the ...
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Despite Trade Worries, Analyst Sees Steel Industry Earnings Surging: 5 Stocks to Buy

Posted: July 18, 2018 at 8:05 am

It has probably been the most discussed economic and political story of 2018, and it is one that probably will stay front and center for some time. After years of ...
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Despite Trade Issues, Deutsche Bank Very Positive on 5 Top Steel Stocks

Posted: July 10, 2018 at 10:30 am

It probably has been the most discussed economic and political story of 2018, and it is one likely to stay front and center for some time. After years of huge ...
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Top Analyst Upgrades and Downgrades: American Tower, AutoNation, Biogen, CarMax, Chipotle, eBay, PG&E, Walgreens, Zions and More

Posted: July 10, 2018 at 8:55 am

Stocks were indicated higher on Tuesday, although on a much more muted tune than the 320-point Dow Jones industrials gain and the 24-point gain on the S&P 500 seen on Monday. ...
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If Tariffs Are So Bad Why Are Steel Stocks Still Red Hot?

Posted: June 12, 2018 at 12:52 pm

Needless to say, nobody likes to see tariffs imposed anywhere, and despite the all the rhetoric about the president's actions, the fact of the matter is foreign countries have taken ...
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Merrill Lynch Says New Trump Tariffs Huge for 5 Top Steel Stocks

Posted: June 1, 2018 at 7:59 am

It has become pretty clear, or at least it should be to nations around the world that are not committed to fair trade, if you don’t play ball with the ...
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