While the print has faded a bit recently, in the past three years, its growth rate clocked in at an impressive 31.3%. Still, Quest – which specializes in a word-salad buffet of efficiencies and flexibilities – offers some intriguing financial stats. With only a market capitalization of around $145 million, its tiny compared to the multi-billion-dollar enterprises mentioned above. Still, if things were to get spicy in this arena, QRHC would likely be the biggest beneficiary due to its small footprint. It’s not as if meme traders are loading up the boat with top waste management stocks. So, why would that be risky? Well, for some folks, fears may exist about holding the bag. Since the beginning of the year, QRHC gained over 23% of equity value. In fact, it appears a stunner, at least relative to its peers. Also, analysts peg shares a moderate buy with a $156 price target, projecting 17% growth.Īrguably the riskiest idea among waste stocks on this list, Quest Resource (NASDAQ: QRHC) doesn’t initially seem so bad. And aside from a blip in 2015, the company consistently prints net income. This stat beats out 61.58% of the competition. While waste management stocks don’t generally feature sterling financials, WCN is above average.įor example, its three-year revenue growth rate clocks in at 11.1%. However, that might also make it relatively a discount. Over the trailing 52 weeks, WCN slipped more than 6%. In contrast, WM gained over 9% during the same period. Since the January opener, it moved up only a bit over 1%. On the charts, WCN is a bit of a laggard. Headquartered in The Woodlands, Texas, Waste Connections across its subsidiaries features operations in the U.S. Per its public profile, the company provides waste collection, transfer, disposal and recycling services, mainly of solid waste. Waste Connections (WCN)Īnother idea for waste stocks that deserves to be on your radar, Waste Connections (NYSE: WCN) is a North American integrated waste services firm. On a parting note, analysts rate WM a moderate buy with a $183.50 average price target. However, investors have the confidence of 210 years of consecutive dividend increases. In turn, the enterprise offers a forward yield of 1.63%. It’s also never failed to print net income since at least 2009. For instance, since 2020, Waste Management has posted consecutive increases in revenue. Rather, the business banks on a predictable revenue stream and therefore, consistent profitability. Looking at its financials, I must say that nothing truly remarkable pops up. Now, WM offers an avenue for steady growth and modest passive income for investors concerned about market ambiguities. Per its public profile, its network includes 346 transfer stations, 293 active landfill disposal sites and 146 recycling plants, among other impressive statistics. A self-explanatory enterprise, the company commands a massive footprint in the underlying industry. ![]() When it comes to top waste management stocks, I’d be remiss not to mention, well, Waste Management (NYSE: WM). On that note, below are the top waste management stocks to buy. Obviously, this means someone has to deal with the mess. Rather, it transfers from one form to another. Put simply, in a closed system, mass is neither created nor destroyed. ![]() Second and more importantly, the best argument for waste stocks may stem from the Law of Conservation of Mass. That comes out to a compound annual growth rate (CAGR) of 5.4%, not bad for an unsexy ecosystem. Further, experts project that by 2030, the sector will hit revenue of nearly $1.97 billion. According to Grand View Research, the global waste management industry reached a valuation of $1.29 billion last year. Easier said than done, but a high and worthy ideal to take into this new year all the same.First, let’s talk numbers. Stop letting yourself be pulled in all directions don’t waste time on nonsense. Later in Meditations (all quotations are coming from the excellent Gregory Hays translation) Marcus goes on to remind us (himself) about the importance of character and self-control, noting: “Remembering that our own worth is measured by what we devote our energy to,” and “Do external things distract you? Then make time for yourself to learn something worthwhile stop letting yourself be pulled in all directions.” With that said, there are certain activities (such as refreshing Twitter or Facebook for the tenth time in the past half hour) that are, unless you work for either of these companies, unquestionably nonsense. And what any of us believe to be “the nonsense” that we’re wasting our time on now may later turn out to be important after all. How true is that? Of course, what is nonsense to me may not be nonsense to you, and vice versa. Marcus Aurelius, Roman emperor from 161 AD up until his death in 180, implores us (or rather, himself) in his Meditations “Not to waste time on nonsense.”
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |