Republic Services Inc

(

RSG

) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day up 3%. By the end of trading, Republic Services Inc rose 79 cents (3.1%) to $26.61 on average volume. Throughout the day, 2.3 million shares of Republic Services Inc exchanged hands as compared to its average daily volume of three million shares. The stock ranged in a price between $26.17-$26.71 after having opened the day at $26.32 as compared to the previous trading day's close of $25.82. Other companies within the Materials & Construction industry that increased today were:

Cemex S.A.B. de C.V

(

CX

), up 18.4%,

WCA Waste Corporation

(

WCAA

), up 13.5%,

TRC Companies Inc

(

TRR

), up 12%, and

Comfort Systems USA Inc

(

FIX

), up 10.3%.

Republic Services, Inc. provides non-hazardous solid waste collection, transfer, and disposal services for commercial, industrial, municipal, and residential customers. Republic Services Inc has a market cap of $9.59 billion and is part of the

industrial goods

sector. The company has a P/E ratio of 18, equal to the average materials & construction industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 13.5% year to date as of the close of trading on Friday.

TheStreet Ratings rates Republic Services as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider

SPDR S&P Homebuilders ETF

(

XHB

) while those bearish on the materials & construction industry could consider

ProShares Short Basic Materials Fd

(

SBM

).

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