Jim Cramer on Reliance, Inc.: “Really, Really Good Company, and It’s Not Outrageously Expensive”
Reliance, Inc. (NYSE:RS) was among the stocks Jim Cramer covered on Mad Money as he discussed the wave of IPOs being the market’s possible biggest threat. A caller inquired about the stock, and Cramer replied: That is a very fine company, and I’ve gotta tell you, I happen to like that one right after Nucor. Now, Nucor just reported today, I think, terrific numbers this very evening. That’s probably going to move up Reliance. But there’s no problem with that other than the fact that, again, the stock has h ...