Republic Services Inc (RSG): Today's Featured Industrial Goods Winner

Republic Services ( RSG) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day down 0.1%. By the end of trading, Republic Services rose 20 cents (0.7%) to $27.35 on heavy volume. Throughout the day, 5.9 million shares of Republic Services exchanged hands as compared to its average daily volume of 2.9 million shares. The stock ranged in a price between $26.98-$27.44 after having opened the day at $27.15 as compared to the previous trading day's close of $27.15. Other companies within the Industrial Goods sector that increased today were: Powell Industries ( POWL), up 17.7%, NCI Building Systems ( NCS), up 12.5%, Cleantech Solutions International ( CLNT), up 12%, and THT Heat Transfer Technology ( THTI), up 8.9%.

Republic Services, Inc. provides non-hazardous solid waste collection, transfer, and disposal services for commercial, industrial, municipal, and residential customers. Republic Services has a market cap of $10.01 billion and is part of the materials & construction industry. The company has a P/E ratio of 18.8, 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 9.1% year to date as of the close of trading on Tuesday. Currently there are six analysts that rate Republic Services a buy, no analysts rate it a sell, and none rate it a hold.

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.

On the negative front, Tecumseh Products Company ( TECUA), down 8.3%, Guanwei Recycling ( GPRC), down 7.5%, PGT ( PGTI), down 7.4%, and US Concrete ( USCR), down 7.1%, were all losers within the industrial goods sector with Cummins ( CMI) being today's industrial goods sector loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

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