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SCOTTSDALE, Ariz., July 13, 2023 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it will report second quarter 2023 financial results for the period ended June 30, 202

What Makes Reliance Steel (RS) a New Buy Stock

01:19pm, Wednesday, 12'th Jul 2023
Reliance Steel (RS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Reliance Steel (RS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Reliance Steel (RS) is benefiting from positive market conditions and an aggressive acquisition strategy.
While Reliance Steel (RS) faces headwinds from pricing and cost pressure, it gains on strong demand in its major markets and acquisitions.
Reliance Steel (RS) gains on strong underlying demand in its major markets and acquisitions amid headwinds from inflationary pressure.
Reliance Steel & Aluminum Co. has shown impressive growth with a strong financial track record, favorable profitability profile, and a healthy balance sheet, making it an attractive investment option.
Reliance Steel (RS) is expected to continue to gain from strong demand in key markets and its growth actions in the near term.
Reliance Steel (RS) gains on healthy demand in non-residential construction, semiconductor and automotive markets and strategic acquisitions.
Reliance Steel (RS) benefits from strong demand in most of its end markets and its organic growth investments in Q1.
Reliance Steel (RS) is expected to have seen strong demand in key end markets in Q1. However, weaker selling prices are likely to have been a drag on its performance.
There are a few foundational materials that make our world go round, money is not one of them, but it sure does buy them all. Vaclav Smil, a renounced Czech scientist, wrote in his book "How the world
SCOTTSDALE, Ariz., April 13, 2023 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it will report first quarter 2023 financial results for the period ended March 31, 20
There are a few foundational materials that make our world go round, money is not one of them, but it sure does buy them all. Vaclav Smil, a renounced Czech scientist, wrote in his book "How the world
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