Here's Why Hold Strategy is Apt for RBC Bearings (RBC) Stock

What's Aiding RBC? Expansion Efforts: RBC has expanded its reach with the acquisition of Carson City, NV-based precision bearings manufacturer Specline, Inc. in August 2023. Specline's unique bearing and manufacturing processes expanded RBC Bearings' aerospace product offerings and boosted the production capacity. In light of the above-mentioned positives, we believe investors should retain RBC stock for now, as suggested by its Zacks Rank #3 (Hold). In the past year, shares of the company have gained 32.8% ...