Stranger than Fiction on Wall Street?

Join TradeAlgo's Free Live Trading Session ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ [EARN WHILE YOU LEARN! JOIN OUR FREE LIVE TRADING SESSION!]( Hello investor, Stranger than Fiction on Wall Street? Things are getting strange on Wall Street. Yesterday’s data showed consumer confidence jumped in May — more than what economists expected. At the same time, recession expectations rose. - “It may be a short week, but it looks to be a busy one,” said Chris Larkin at E*Trade from Morgan Stanley. “With last week’s FOMC minutes sounding a hawkish tone, traders will be eager to see cool data that could make it easier for the Fed to cut rates.” This Friday will be huge. The Fed’s preferred inflation data will be out. Economists expect it to show a positive sign with the smallest gain of the year. If it comes in as expected, it may boost the odds of a rate cut happening this year. (Source: Bloomberg) It is starting to look like tech stocks are the only ones that can rally in the current market environment. The Nasdaq rose 0.59% yesterday (thanks to Nvidia’s rally), but the S&P 500 advanced just 0.02%. More than 350 stocks in the benchmark index finished the day in red. By the way, Nvidia continued its incredible run after the report revealed that Elon Musk’s xAI startup plans to use Nvidia’s H100 GPUs to build an xAI supercomputer. This brings Nvidia’s rally to about 20% since its earnings report, adding around $470 billion to its market cap. Yesterday’s gain was 7.1%. The current market cap is at $2.8 trillion. It is approaching Apple’s $2.91 trillion market cap. Apple posted $90 billion in revenue for the recent quarter, while Nvidia had $26 billion. But of course, Nvidia is growing at a 200%+ pace. If we look at sequential quarterly growth rate, Nvidia is starting to cool down slightly. Three quarters ago grew 88% from the previous quarter. The next quarter jumped 34%. Finally, the recent quarter rose 22% from the previous quarter. This Business Picks Up Your Garbage — and Can Be a Steady Stock for Decades Today’s Stock Pick: Republic Services (RSG) Republic Services does the dirty job for America. It is the second largest provider of waste disposal in the United States (after Waste Management). So, it is an essential business in a $114 billion environmental services industry. And best of all, about 80% of its revenue has an “annuity-type” profile. (Source: Republic Services) Its footprint is vast. They make about 5 million in daily pickups for 13 million customers. In the map below, you can see how the company has operations around the country — with some opportunities to expand through consolidations. (Source: Republic Services) The world is shifting toward environmental and economic sustainability, right? Republic Services plays a key role in this shift. It has partnered with experts to turn landfill gas into renewable energy. The company expects that business to add $100 million in incremental EBITDA annually by 2028. The company certainly knows how to grow its business steadily. Its 5-year total shareholder return was 148% versus 107% for the S&P 500. How? Through 20 consecutive years of annual dividend increase and $2.5 billion cash returned to shareholders over the last three years. Moreover, its adjusted EPS jumped 16% CAGR since 2021: Lastly, Republic Services expects its adjusted EPS to grow modestly this year — just below double-digit rate. Once again, it is not a sexy business. It is going to grow steadily over the years due to its essential nature. If you are looking for a solid stock that could perform above the S&P 500 over the next few years, Republic Services may be the perfect candidate. [EARN WHILE YOU LEARN! JOIN OUR FREE LIVE TRADING SESSION!](       © All Rights Reserved, Trade Alliance [Unsubscribe]( | [Manage Preferences](