StockCall Pre-Market Review on Waste Management, Republic Services, Darling
Intl., and EnergySolutions
LONDON, March 25, 2013
LONDON, March 25, 2013 /PRNewswire/ --
One of the major trends to emerge in the waste management industry has been an
increase in M&A activity. The growth in the waste management industry,
meanwhile, is being driven by the need to remove solid waste from landfills.
Municipalities account for nearly a quarter of the U.S. solid waste management
market. Given the fact that a number of municipalities are currently
cash-strapped, 2013 could be a challenging year for companies such as Waste
Management Inc. (NYSE: WM), Republic Services Inc. (NYSE: RSG),
EnergySolutions Inc. (NYSE: ES), and Darling International Inc. (NYSE: DAR).
On Friday, waste management sector ended mostly higher as the broad market
rallied. StockCall analysts initiated preliminary technical research on WM,
RSG, DAR, and ES. These free reports are accessible by signing today at
Waste Management Inc.'s shares rose sharply in trading on Friday, tracking
gains in the broad market. The stock ended the day 1.29% higher at $38.37
after touching a 52-week high of $38.38. Waste Management's shares gained more
than 2.2% last week, which suggests that market sentiment is currently
positive on the stock. This is confirmed by the stock's MACD chart. The
stock's MACD has crossed above the signal line and is also trading well above
the zero-line. The waste management company's shares have gained nearly 15%,
year-to-date. The free technical analysis on WM is available by signing up at
Republic Services Inc. was another waste management stock that touched a
52-week high on Friday. The stock rose to a 52-week high of $32.76 before
finishing the day 0.52% higher at $32.65. Republic Services' shares gained
more than 2% last week even as the broad market struggled. The stock has
outperformed the broad market for the year as well, gaining more than 11.30%.
Shares of RSG have seen a series of highs over the past week, which is a
bullish signal. The upbeat trend is further confirmed by the stock's MACD
chart. Register now to download the free research on RSG at
Shares of EnergySolutions Inc. edged lower on Friday even as the broad market
rallied. However, the losses were limited. The stock ended the day 0.53% lower
at $3.75 after touching an intra-day low of $3.73. EnergySolutions Inc.'s
shares have had an excellent run so far in 2013, despite struggling last week.
Year-to-date, the stock has gained more than 20%. Most of the company's gains,
however, came at the start of 2013. Since then, the stock has traded sideways.
EnergySolutions' shares recently slipped below their 50-day moving average.
The stock's MACD has also crossed below the signal line. Register with
StockCall and download the research on DAR for free at
Shares of Darling International Inc. edged higher in trading on Friday. The
stock ended touched an intra-day high of $18.14 before finishing the day 0.89%
higher at $18.09. Darling International's shares are currently trading close
to their 52-week high of $18.90. However, the stock last week fell more than
3.40%, which suggests that market sentiment has turned bearish on the stock.
This is confirmed by the stock's MACD chart. Shares of DAR currently have
support at around $18. Free report on ES can be accessed by registering at
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