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Why This 1 Growth Stock Could Be a Great Addition to Your Portfolio

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.

Why This 1 Growth Stock Should Be On Your Watchlist

Growth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Republic Services (RSG)

Republic Services is the second largest provider of non-hazardous solid waste collection, transfer, disposal, recycling, and energy services in the United States. As of Dec 31, 2021, the company operated facilities in 41 states and Puerto Rico through 356 collection operations, 239 transfer stations, 198 active landfills, 71 recycling processing centers, three treatment, recovery and disposal facilities, 6 salt water disposal wells. The company is engaged in 77 landfill gas-to-energy and renewable energy projects and had post-closure responsibility for 124 closed landfills. The was incorporated in Delaware in 1996.

RSG is a Zacks Rank #2 (Buy) stock, with a Growth Style Score of B and VGM Score of B. Earnings are expected to grow 14.6% year-over-year for the current fiscal year, with sales growth of 18.5%.

Four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.06 to $4.78 per share for 2022. RSG boasts an average earnings surprise of 7.3%.

Looking at cash flow, Republic Services is expected to report cash flow growth of 13.2% this year; RSG has generated cash flow growth of 7.2% over the past three to five years.

Investors should take the time to consider RSG for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.


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