A 10-Day Winning Streak Has Republic Services Stock Up 11%

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Shares of Republic Services (RSG) have closed higher in each of the last 10 sessions, a cumulative gain of 11.3%. That added about $7.2 billion to the company’s market value, which now stands at about $70.6 billion. The stock closed at $229.65 on Thursday, October 15, 0.2% below its 52-week high of $230.19 and 16.9% above its low of $196.52.

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RSG Versus The S&P 500

Returns for RSG and the S&P 500 over the streak and the periods around it, all ending Thursday, October 15 and including dividends:
 

Return Period RSG S&P 500
1 Day 2.3% 0.3%
10 Days (Current Streak) 11.3% 1.1%
1 Month (21 Trading Days) 4.8% 2.6%
3 Months (63 Trading Days) 3.6% 4.1%
Year To Date 9.7% 14.2%
1 Year (252 Trading Days) 3.5% 17.9%

Is This Move About Republic Services Or The Market?

Over the same 10 trading days, the S&P 500 returned +1.1% including dividends, so the run is mostly Republic Services’ own story rather than the market’s. 1 other S&P 500 stock is currently on winning streaks of 10 days or longer. Over the past three months the stock is up 3.6%, a window that includes the streak; over the other 53 sessions of that window it was down 6.9%.

What The Numbers Say About The Rally

On the fundamentals, revenue grew 3.2% over the last twelve months, against a median of 7.3% for S&P 500 Industrials stocks; its operating margin is 20.0%, versus a median of 17.6%; and the stock trades at 32.3 times trailing earnings against a median of 27.1. The read is mixed: margins above the median on one side, revenue growth below the median on the other.

If you are looking for strength with more behind it than a hot tape, our Guidance Momentum screen surfaces the names where management raised its own outlook.

Streaks End. Discipline Compounds

A run like this is genuinely useful information: something about this business has the market’s full attention. But streaks are where discipline gets tested, because the urge to chase strength is strongest right before it pauses.

The Trefis High Quality (HQ) Portfolio channels that urge into a system: roughly 30 businesses selected for consistent cash generation, strong margins, and resilient balance sheets, sized and rebalanced with rules rather than excitement. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Enjoy the streak; own the process.