A buying opportunity with Reliance Worldwide
We recently researched Reliance Worldwide Corporation (ASX:RWC) in The Dynamic Investor. Market concerns about weakening demand across all operating segments had weighed on the shares. We took the view that the de-rating in RWC presented an opportunity. This was because the shares were trading on a multiple that was well below historical levels and at the bottom end of the prior trading range. With the shares having recovered strongly since our recent report, do current levels still present an attractive …