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It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
Is This 1 Momentum Stock a Screaming Buy Right Now?
Different than value or growth investors, momentum-oriented investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
Republic Services (RSG)
Republic Services is a leading provider of non-hazardous solid waste collection, transfer, disposal, recycling, and energy services. As of Dec 31, 2024, the company operated through 367 collection operations, 248 transfer stations, 208 active landfills, 75 recycling centers, two treatment, recovery and disposal facilities, 23 treatment, storage and disposal facilities, 14 deep injection wells, 1 polymer center and 5 salt water disposal wells, across the United States and Canada. The company is engaged in 79 landfill gas-to-energy and renewable energy projects and had post-closure responsibility for 125 closed landfills.
RSG is a Zacks Rank #3 (Hold) stock, with a Momentum Style Score of A and VGM Score of B. Shares are down 1.8% over the past one week and up 0.7% over the past four weeks. RSG has gained 30.5% in the last one-year period as well. Looking at trading volume, an average of 1,299,036.13 shares exchanged hands over the last 20 trading days.
Momentum investors don't just pay attention to price changes; positive earnings play a crucial role, too. Six analysts revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.03 to $6.89 per share. RSG boasts an average earnings surprise of 9.1%.
Investors should take the time to consider RSG for their portfolios due to its solid Zacks Ranks, notable earnings metrics, and impressive Momentum and VGM Style Scores.
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