RSG vs. WCN Waste management, one of the largest in the US. Likes the sector. Tailwinds from economic growth, a sticky business, gets pricing power each year. Even though more expensive, he likes WCN the best, as it has a better track record, better margins and growth, and could better drive M&A synergies given their best in class practices and margin profiles. Nothing wrong with RSG, but WCN is the best in class name for the next 5 years.
(A Top Pick March 15/16. Up 32%.) If you think the economy is getting better, then waste is a great business to be in. It is dependent on economic activity. He also likes Waste Connections (WCN-N).
The US economy is slowly improving, and waste is going to grow along with that. The industry has been consolidating and there have been a number of consolidations which keeps the industry profitable. It is completely dependent on economic growth in the US. They’ll grow their earnings at about 10% per year. Have grown dividends 8.5% per year and have hundreds of landfill sites and hundreds of waste collection areas in 41 states.
When you drill into GDP data, private sector GDP was above 3% while public sector DGP was below.
Republic Services Inc is a American stock, trading under the symbol RSG-N on the New York Stock Exchange (RSG). It is usually referred to as NYSE:RSG or RSG-N
In the last year, 1 stock analyst published opinions about RSG-N. 0 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Republic Services Inc.
Republic Services Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Republic Services Inc.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Republic Services Inc In the last year. It is a trending stock that is worth watching.
On 2023-12-01, Republic Services Inc (RSG-N) stock closed at a price of $163.48.
When you have oligopolies and duopolies, you tend to get better pricing, as there's no option for where to go. Second-largest in NA. Bill Gates' holding company, Cascades, owns 35% of this name. Bit expensive, forward PE in low 20s. Degree of resilience built-in. 50% of pricing is linked to inflation, while the remaining 50% open market is where the pickup comes from.