Republic Services Inc (RSG): Today's Featured Industrial Goods 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 Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day up 0.1%. By the end of trading, Republic Services fell $0.61 (-1.8%) to $33.27 on average volume. Throughout the day, 2,038,309 shares of Republic Services exchanged hands as compared to its average daily volume of 1,483,000 shares. The stock ranged in price between $33.24-$33.84 after having opened the day at $33.82 as compared to the previous trading day's close of $33.88. Other companies within the Industrial Goods sector that declined today were: Fuelcell Energy ( FCEL), down 24.2%, Ballard Power Systems ( BLDP), down 8.0%, Highway Holdings ( HIHO), down 7.7% and Altair Nanotechnologies ( ALTI), down 6.3%.

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 $12.2 billion and is part of the materials & construction industry. The company has a P/E ratio of 25.7, above the S&P 500 P/E ratio of 17.7. Shares are up 15.7% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Republic Services a buy, no analysts rate it a sell, and 4 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, expanding profit margins, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, ZBB Energy Corporation ( ZBB), up 58.3%, Broadwind Energy ( BWEN), up 14.9%, Nuverra Environmental Solutions ( NES), up 12.2% and China Advanced Construction Materials Group ( CADC), up 12.1% , were all gainers within the industrial goods sector with Pentair ( PNR) being today's featured industrial goods sector leader.

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).

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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