Jim Cramer on Republic Services: “I Need to See a Bounce”

Republic Services, Inc. (NYSE:RSG) is one of the stocks on Jim Cramer’s radar recently. When Cramer was asked about the stock, he said:

“I don’t understand this, and WM, you know, the old Waste Management. They’re both so good, and they just do nothing but go down. I need to see a bounce. As Jeff Marks would say, how about a bounce? And I agree.”

Stock market data showing an upward trajectory. Photo by Burak The Weekender on Pexels

Republic Services, Inc. (NYSE:RSG) provides waste management and environmental solutions, including collection, recycling, disposal, and landfill services, along with processing and selling recyclable materials. The company serves residential, commercial, and industrial customers. When a caller inquired about the stock’s long-term prospects during a June episode, Cramer replied:

“RSG is such a good company. Oh my god, it’s just so good. We had, I don’t know if anyone remember[s], we had Jon on recently, and I just said, you know, you got one hell of a company. That is a great stock.”

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.