Reliance Steel & Aluminum Company

NYSE: RS
$319.49
-$0.67 (-0.2%)
Closing price April 19, 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.
In the wake of multiple analyst downgrades and price target cuts from major Wall Street firms, Goldman Sachs now has downgraded U.S. Steel. The firm maintained other Neutral and Buy ratings on steel...
There is more pain coming for the steel industry. At least that is the take from Deutsche Bank.
The question to ask after U.S. Steel's revenues and earnings beat their consensus analyst estimates is if a rerating on Wall Street is ready to take place.
The top analyst upgrades, downgrades and initiations seen on Friday included Amazon.com, Aurora Cannabis, Cleveland-Cliffs, FedEx, Ferrari, Grubhub, Hexo, Proofpoint, Shutterfly and Starbucks.
The top analyst upgrades, downgrades and initiations seen on Thursday included American Electric Power, CVS Health, Ecolab, Entergy, Microsoft, Morgan Stanley, PepsiCo, Snap and Yelp.
With steel pricing potentially firming, and export potential and demand at home still strong, these four stocks make sense for growth investors, especially after stock price pullbacks from last...
One of the key components for fixing the nation's infrastructure is steel, and with pricing starting to improve, one Wall Street analyst thinks there are some solid stocks to buy now.
With Wall Street ready to enter into the traditional summer vacation mode as we approach Labor Day, now may be the time to reset portfolios and to take into account how the stronger U.S. currency may...
With pricing firm and export potential and demand at home still strong, these five steel stocks make sense for growth investors.
With pricing firm, and export potential and demand at home still strong, these steel stocks make sense for growth investors, especially after significant price pullbacks.
The top analyst upgrades, downgrades and other research calls from Tuesday include American Tower, AutoNation, Biogen, CarMax, Chipotle Mexican Grill, eBay, PG&E, Walgreens and Zions Bancorp.
Four steel companies stand out, according to a new Deutsche Bank report. Its analysts note that despite the shrill volume of complaints over steel and aluminum tariffs, the backdrop for the sector is...
Due to higher demand and fewer imports, the price for steel is going higher, and the analysts at Merrill Lynch feel that numerous companies in the industry look poised to benefit.
With steel pricing firm, and export potential and demand at home still strong, all four of these stocks make sense for growth investors.
The top analyst upgrades, downgrades and other research calls from Tuesday include AK Steel, BHP Billiton, Dominion Energy, JB Hunt, KLA-Tencor, Micron Technology, Nucor, Oracle, Roku and U.S. Steel.