Republic Services, Lifepoint & Sysco Set for Strong 2015 Showings
Food distributor Sysco will benefit from increased restaurant traffic due to lower oil prices. Republic Services and Lifepoint Hospitals are also set to see growth in 2015.
Republic Services will see the volume of waste pick up with the economy and construction activity in the coming year, said Kevin Toney, portfolio manager for the American Century Mid Cap Value Fund. Toney added that Republic will also see its pricing improve as inflation picks up and contracts are renegotiated. He said Lifepoint Hospitals will see its stock rise in 2015 due to increased access to healthcare as a result of Obamacare. Finally, Toney is positive on shares of Sysco, saying the food distributor will benefit from increased restaurant traffic due to lower oil prices.
