Many growth companies are not only investing in software and hardware to meet the needs of their customers and employees, but they’re also investing in services. The premise behind these investments is that by offering new services rather than just products, these businesses will be able to access new markets while keeping operating costs low. As a result, investors should notice that as businesses invest more in commercial services, there will be opportunities for investors willing to look beyond the obvious tech names to find stocks that stand out. After all, commercial services are provided by more than just one type of company. This article will list five great undervalued commercial services stocks to watch.

Ritchie Bros. Auctioneers (RBA)

Ritchie Bros. Auctioneers (RBA) is one of the world’s largest auctioneers of used industrial equipment. The company buys and sells more than $1 billion in goods annually, including vehicles, construction and mining equipment, agricultural implements, and other machinery. RBA also operates an online marketplace that enables equipment owners to list their items for sale and enables buyers to bid on them.RBA has demonstrated that it understands the commercial services market. The company has effectively executed a strategy of converting its equipment auction houses into multi-service centers. RBA’s strategy is to provide a complete range of services to improve the speed and efficiency of equipment repositioning and give customers a one-stop shop for their repositioning needs. In addition, RBA has demonstrated success in leveraging its logistics expertise to expand its services. As a result, the company has acquired new customers in core industries such as oil and gas, mining, and construction, as well as in emerging industries such as renewable energy.RBA’s strategy of providing a broad range of services has given it a competitive advantage. As a result, the company has Reported Rising Revenues, earnings, and cash flows over the past several years.

Waste Connections (WCN)

Waste Connections (WCN) is one of North America’s largest waste and environmental services companies. The company provides collection, transfer, disposal, and recycling services for waste generated by residential, commercial, and industrial customers.WCN also offers a range of other services related to waste management, including asset management, procurement, and transportation services. The company’s Industrial Services segment provides:

• Non-hazardous liquid waste services.
• Industrial waste reduction and management services.
• Hazardous waste services.

Its Environmental Services segment provides stormwater, wastewater treatment, and environmental remediation services.WCN has effectively leveraged its waste management services to build a robust and diverse business. The company’s services apply to all types of industries, and it has a growing presence in each subsector. Moreover, Waste Connections has a loyal customer base, as evidenced by its high retention rate.WCN’s strategy of providing a broad range of services has given it a competitive advantage. As a result, the company has reported rising revenues, earnings, and cash flows over the past several years.

MSA Safety (MSA)

MSA Safety (MSA) is one of the world’s largest suppliers of safety products, services, and solutions. The company provides products, such as protective clothing, safety footwear, head protection, and professional safety services, such as training, risk assessments, and consulting.MSA has a strong presence in several industries, including oil and gas, mining, construction, forestry, and public services. The company serves various customers, including contractors, subcontractors, governmental agencies, and utilities.MSA has successfully leveraged its business model to build a robust and diverse company. The company has a strong presence in several industries and serves various types of customers, including large customers that can generate significant revenue.

Furthermore, MSA’s business model is scalable and has high-profit margins. In addition, MSA’s strategy of providing a broad range of services has given it a competitive advantage. As a result, the company has reported rising revenues, earnings, and cash flows over the past several years.

Casella Waste Systems (CWST)

Casella Waste Systems (CWST) operates as an integrated waste services company in the northeastern United States and Ontario, Canada. The company provides collection, transfer, disposal, and recycling services for waste generated by residential, commercial, and industrial customers.CWST also offers other waste-related services, such as odor control, landfill gas management, and commercial services. Additionally, the company produces renewable energy at two of its landfills through a system that converts the methane gas emitted from the waste into electricity.CWST has effectively leveraged its waste management services to build a robust and diverse business. The company has a strong presence in several industries and serves various customers.

Moreover, CWST has a loyal customer base, as evidenced by its high retention rate.CWST’s strategy of providing a broad range of services has given it a competitive advantage. As a result, the company has reported rising revenues, earnings, and cash flows over the past several years.

Conclusion

In summary, investors should notice that as businesses invest more in commercial services, there will be opportunities for investors willing to look beyond the obvious tech names to find stocks that stand out. After all, commercial services are provided by more than just one type of company.