Environmental Services Sector

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Republic Services (RSG) - >>> Non-hazardous solid waste collection, transfer, disposal, recycling, and environmental services provider Republic Services RSG carries a Zacks Rank #2.

Though the company’s earnings are likely to be down 5.4% in 2020 due to the pandemic-induced significant reduction in service levels, the figure is anticipated to rise 10.9% next year with the resumption of operations. The company will benefit from continuous investments toward operational efficiency and enhancement of customer experience in the days to come.

Acquisitions are Republic Services’ favorite mode of improving its market position and growing cash. The company has already invested $124 million, which is expected to grow to $600-$650 million by the end of this year. Markedly, estimates for the ongoing year moved 12.1% north in the past two months.

https://finance.yahoo.com/news/4-top-stocks-recuperating-business-124512949.html

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