Waste Haulers May Not Be Wall Street’s Most Popular Stocks. But There’s Gold in the Garbage.
- Date: 10-Apr-2021
- Source: CNBC
- Sector:Financial Markets
- Country:Middle East
Waste Haulers May Not Be Wall Street’s Most Popular Stocks. But There’s Gold in the Garbage.
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Goldman Sachs thinks it's time to buy garbage stocks“”literally. This past week, Goldman's Jerry Revich launched coverage of
Republic Services,
Waste Connections,
and
Waste Management,
all with Buy ratings. Waste haulers have two things going for them. There aren't many of them per municipality. And there isn't much waste-processing infrastructure like landfills either, which folks aren't crazy having around. As regions grow, companies haul more on a