For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.

While you may have an investment style you rely on, finding good stocks is easier with Zacks Style Scores. These are complementary indicators that assess stocks based on their value, growth and/or momentum characteristics.

Is this 1 Momentum stock a screaming buy right now?

Unlike value or growth investors, momentum investors live by the saying “the trend is your friend”. This style of investing involves taking advantage of rising or falling trends in a stock’s price or earnings prospects. Using factors such as the week-to-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to create a position in high-momentum stocks.

Services of the Republic (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 December 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. disposal, 6 salt water disposal wells. The company is engaged in 77 landfill gas-to-energy and renewable energy projects and was responsible after the closure of 124 closed landfills. The was incorporated in Delaware in 1996.

RSG is at Zacks rank #3 (Hold), holds a Momentum Style score of A and a VGM score of B. The stock is down 2.6% and up 0.1% in the last period one-week and four-week, respectively, and Republic Services also gained 22.1% in the last one-year period. Additionally, an average of 1,158,842.88 shares have been traded over the past 20 trading sessions.

Aggressive investors also pay close attention to a company’s earnings. For RSG, an analyst has revised its earnings estimate higher over the past 60 days, and the Zacks consensus estimate has risen $0 to $4.62 per share for 2022. RSG is showing an average surprise of profits of 8.2%.

RSG should be on the shortlist for investors due to its impressive earnings fundamentals, strong Zacks ranking, and strong Momentum and VGM style scores.

Want the latest recommendations from Zacks Investment Research? Today you can download 7 best stocks for the next 30 days. Click to get this free report

Republic Services, Inc. (RSG): Free Stock Analysis Report

To read this article on, click here.

Zacks Investment Research