Tuesday, November 21, 2006

Cramer Said Reliance Steel (RS) Is The Next Takeover in the Sector

On Mad Money yesterday, Jim Cramer said Reliance Steel & Aluminum Co. (NYSE: RS) could be the next steel company to be taken over. Cramer said the smaller steel companies should be taken over by the larger ones, except Nucor (NYSE: NUE), which he said is too well run to be taken over.

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