On Monday, Republic Services got an upgrade to its Relative Strength (RS) Rating, from 70 to 74.
IBD's proprietary RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the market's biggest winners often have an RS Rating of over 80 as they begin their biggest climbs. See if Republic Services can continue to show renewed price strength and hit that benchmark.
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Republic Services is not currently near a potential buying area. See if the stock goes on to build a promising consolidation that could ignite a new run.
Earnings growth increased last quarter from 14% to 18%, but sales fell from 9% to 7%.
Republic Services earns the No. 6 rank among its peers in the Pollution-Control industry group. Aris Water Solutions, Perma-Pipe Intl and Clean Harbors are among the top 5 highly rated stocks within the group.
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