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Republic Services Inc. (RSG $235.63)
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Waste Management Inc. (WM $232.14)
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Waste Connections Inc. (WCN $257.86)
Q: I'm looking to reduce the beta in my portfolio and considering one of the 3 companies. Which one looks the most attractive today as a long term hold and why?
5i Research Answer:
While past performance is no guarantee, RSG has the best 20-year performance record of this group. It is doing well, has good stock momentum, and solid earnings growth is expected. It does have some debt, but considering its business and stable cash flow we are comfortable with that and with its current valuation.