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 $0.57 (-1.7%) to $33.83 on heavy volume. Throughout the day, 3,212,322 shares of Republic Services exchanged hands as compared to its average daily volume of 1,858,300 shares. The stock ranged in price between $33.42-$34.36 after having opened the day at $34.36 as compared to the previous trading day's close of $34.40. Other companies within the Materials & Construction industry that declined today were: MagneGas Corporation ( MNGA), down 12.6%, Gafisa ( GFA), down 7.9%, Waste Management ( WM), down 4.5% and India Globalization Capital ( IGC), down 3.5%.

Republic Services, Inc. is a provider of services in the domestic non-hazardous solid waste industry. The Company provides non-hazardous solid waste collection services for commercial, industrial, municipal and residential customers through 139 collection companies in 22 states. Republic Services has a market cap of $12.4 billion and is part of the industrial goods sector. Shares are up 3.6% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Republic Services a buy, no analysts rate it a sell, and 5 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 growth in earnings per share, increase in net income, revenue growth, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Matrix Service Company ( MTRX), up 8.3%, Desarrolladora Homex SAB de CV ADR ( HXM), up 8.0%, China Recycling Energy Corporation ( CREG), up 6.3% and Nuverra Environmental Solutions ( NES), up 3.9% , were all gainers within the materials & construction industry with Cemex S.A.B. de C.V ( CX) 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).

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