RSG - Republic Services: One Of The Best Dividend Growth Stocks But Not At Any Price

2024-03-17 05:39:06 ET

Summary

• In this article, I explore Republic Services as a key player in waste management, boasting impressive returns and a resilient business model.
• RSG shines with robust business strategies, delivering stellar returns and boasting a resilient business model.
• While I believe the company has what it takes to beat the market on a long-term basis, I dislike the current valuation, which explains my Hold rating.

Introduction

In addition to being heavily overweight in railroad investments, I sometimes watch live streams on YouTube from railfans who film busy sections close to major railyards. For example, Elkhart in Indiana, which is close to Chicago.

Chicago handles roughly a quarter of all railroad goods in the United States.

I watch these live streams, as it's fascinating to see the various goods that are shipped throughout the U.S., including intermodal, coal, military tanks, tractors, nuclear waste, and so much more.

The reason I'm bringing this up is because it reminded me of the reason why I'm so focused on supply chains: I want to own companies in key industries that have wide moats due to their importance in the economy....

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