He also likes Nucor. Sells at 8x earning. But it's too close to its high, so buy on pullback.
Reliance Steel & Aluminum is a American stock, trading under the symbol RS-N on the New York Stock Exchange (RS). It is usually referred to as NYSE:RS or RS-N
In the last year, 1 stock analyst published opinions about RS-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Reliance Steel & Aluminum.
Reliance Steel & Aluminum was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Reliance Steel & Aluminum.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year 1 stock analyst on Stockchase covered Reliance Steel & Aluminum. The stock is worth watching.
On 2023-09-22, Reliance Steel & Aluminum (RS-N) stock closed at a price of $262.03.
Prefers Nucor, but the steel sector is under pressure. Wait until this group goes lower.