If You Invested $1000 in Reliance Steel a Decade Ago, This is How Much It'd Be Worth Now

For most investors, how much a stock's price changes over time is important. Not only can it impact your investment portfolio, but it can also help you compare investment results across sectors and industries.

Another factor that can influence investors is FOMO, or the fear of missing out, especially with tech giants and popular consumer-facing stocks.

What if you'd invested in Reliance Steel (RS) ten years ago? It may not have been easy to hold on to RS for all that time, but if you did, how much would your investment be worth today?

Reliance Steel's Business In-Depth

With that in mind, let's take a look at Reliance Steel's main business drivers.