Reasons Why You Should Hold Reliance Stock in Your Portfolio

Reliance, Inc. (RS) benefits from a diversified business model and product base, growth through strategic acquisitions and strong liquidity amid headwinds from pricing and demand weakness.RS’ shares have gained 2.4% in the past year compared with the Zacks Mining – Miscellaneous industry’s 12.9% decline. Image Source: Zacks Investment ResearchLet’s find out why RS stock is worth retaining at the moment.Acquisitions & Strong Liquidity Bode Well for RS StockReliance gains on its resilient business model servi ...