The stock market put in a choppy performance today, and ultimately all of the major averages closed in negative territory. At the end of the day, the Dow Jones Industrial Average was down 13 points; the broader S&P 500 Index was off one point; and the technology-heavy NASDAQ was lower by 15 points.
Beverage giant Coca-Cola delivered an in-line performance in the fourth quarter, with results slightly lower versus the prior-year period. Shares were up modestly following the release.
Shares of environmental services Republic Services (RSG) have been standouts over the past couple of years. The sector is not exactly sexy, to be sure, catering to society’s needs rather than wants. But it’s fundamentally sound, with long-term contracts typically supporting strong free cash flow and good operating leverage. Should individual investors accumulate shares of this best-of-breed waste hauler? Or is the valuation too rich relative to the firm’s growth prospects at present, suggesting that greener pastures can be found elsewhere? In this brief article, we will attempt to address these questions and more by taking a look at Republic’s operations and performing an easy-to-follow SWOT analysis of the company, evaluating its Strengths, Weaknesses, Opportunities, and Threats.