Here's Why You Should Hold Onto Reliance (RS) Stock for Now
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 27.8% in the past year compared with 1.8% rise of the industry. Image Source: Zacks Investment Research Strong Demand, Acquisitions Aid RSReliance is benefiting from strong underlying demand in its major markets. Non-residential construction, Reliance's primary market, saw a notable improve ...