Republic Services Inc (RSG): Today's Featured Materials & Construction Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Republic Services ( RSG) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Republic Services fell $0.35 (-1.1%) to $32.16 on average volume. Throughout the day, 2,068,238 shares of Republic Services exchanged hands as compared to its average daily volume of 1,379,700 shares. The stock ranged in price between $31.99-$32.86 after having opened the day at $32.86 as compared to the previous trading day's close of $32.51. Other companies within the Materials & Construction industry that declined today were: Stock Building Supply Holdings ( STCK), down 7.3%, Homex Development ( HXM), down 7.3%, Skyline Corporation ( SKY), down 5.0% and Goldfield ( GV), down 3.3%.

Republic Services, Inc., together with its subsidiaries, provides non-hazardous solid waste collection, transfer, and recycling and disposal services for commercial, industrial, municipal, and residential customers in the United States and Puerto Rico. Republic Services has a market cap of $11.8 billion and is part of the industrial goods sector. Currently there are 5 analysts that rate Republic Services a buy, no analysts rate it a sell, and 3 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, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Gafisa ( GFA), up 6.5%, Nuverra Environmental Solutions ( HEK), up 5.2%, Nuverra Environmental Solutions ( NES), up 5.2% and China Advanced Construction Materials Group ( CADC), up 4.5% , were all gainers within the materials & construction industry with Fastenal Company ( FAST) being today's featured materials & construction industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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