Here's How Much $100 Invested In Reliance Steel & Aluminum 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Reliance Steel & Aluminum (NYSE:RS) has delivered an average annual return of 18.14% over the past 15 years, outperforming the market by 6.5% annually. A $100 investment in RS 15 years ago would now be worth $1,170.22. The company's current market capitalization stands at $15.38 billion.
December 08, 2023 | 2:00 pm
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Reliance Steel & Aluminum has significantly outperformed the market with an 18.14% average annual return over the past 15 years, and a $100 investment then is now worth $1,170.22.
The historical performance of Reliance Steel & Aluminum is indicative of strong management and business growth. This track record may continue to instill investor confidence and attract long-term investors, potentially leading to a positive short-term impact on the stock price.
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