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Covanta Holding Corp

  • This Energy-from-Waste Stock Is Expensive

    By Anh HOANG - June 11, 2013 | Tickers: CVA, WCN, WM

    Covanta Holding (NYSE: CVA) has lagged the overall market this year. As the S&P 500 has returned more than 15.2% in the past six months, Covanta Holding has generated only 8.6% during the same period. Joel Greenblatt and Steven Cohen exited this stock in the first quarter 2013. However, it seems to be a decent dividend paying company, offering investors nice dividend yield at 3.3%. Should more »

  • Is Waste Management a Good Stock to Buy?

    By Meena Krishnamsetty - April 19, 2013 | Tickers: CVA, BIN, RSG, WCN, WM

    Waste Management (NYSE: WM), an $18 billion market cap waste management services company, has risen 16% year to date, narrowly outperforming the S&P 500 despite the fact that the stock carries a beta of 0.7 and hence would be expected to underperform during a bull market. The company’s revenues increased only 2% last year compared to 2011, and with operating costs increasing at a faster rate Waste more »

  • Is Waste Management A Good Stock to Buy?

    By Meena Krishnamsetty - April 16, 2013 | Tickers: CVA, BIN, RSG, WCN, WM

    Waste Management (NYSE: WM), an $18 billion market cap waste management services company, has risen 16% year to date- narrowly outperforming the S&P 500 despite the fact that the stock carries a beta of 0.7 and so would be expected to underperform during a bull market. The company’s revenues increased only 2% last year compared to 2011, and with operating costs increasing at a faster rate Waste more »

  • How You Can Make Money From Garbage

    By Madhu Dube - March 7, 2013 | Tickers: CVA, SRCL, WM

    In the past decade, municipal solid waste in the US has increased by approximately 20%. This trend is expected to continue in the coming years, given factors such as the population growth and increased consumer spending. Keeping this in mind, let's look more closely at three waste management stocks that might benefit from these trends: Stericycle (NASDAQ: SRCL), Covanta (NYSE: CVA), and Waste Management (NYSE: WM).

    Stericycle: StrongPak is more »

  • Three Stocks Post-Exit of Citadel

    By Madhu Dube - January 31, 2013 | Tickers: CVA, HTZ, SBH

    Citadel Advisors LLC, the hedge fund managed by Kenneth C. Griffin, mainly invests in Tech companies. Around 46% of its portfolio is invested in such stocks. However, in today's article I have picked three stocks in which Citadel liquidated its entire position according to the last 13F fillings. These companies are Covanta Holding (NYSE: CVA), Sally Beauty Holdings (NYSE: SBH) and Hertz Global Holdings (NYSE: HTZ). Let's discuss more »

  • The Best Place to Waste Your Energy

    By Maxxwell A.R. Chatsko - November 13, 2012 | Tickers: CPN, CVA, NRG, WM

    Traditional sources of energy – coal, natural gas, nuclear – are always in the headlines. They have ample government policies and regulatory frameworks that govern their use and guide investment. The market of energy-from-waste (EfW) does not have the same amount of fanfare or oversight, but don’t throw the industry into your waste bin of investing ideas just yet. EfW technologies have one important thing in common with those of traditional more »

  • 4 Waste Removal Stocks With High Valuations to Avoid Now, 2 to Watch

    By Bill Edson - November 6, 2012 | Tickers: CVA, RSG, SRCL, WCN, WM

    As dirty as their businesses are, many waste management companies are not trading like garbage. Even the temporary service interruption of Hurricane Sandy did not drop valuations significantly. In fact, in its aftermath many of these stocks are trading at very dear multiples. So do investors today love trash? Investors should exercise care to make sure they are not overpaying for waste industry stocks.

    Dumpster Diving

    At roughly $32 per more »

  • Dumpster Diving: Are These 5 Waste Stocks Worth Buying?

    By Bill Edson - October 10, 2012 | Tickers: CVA, DAR, RSG, WCN, WM

    Value investors dig through out-of-favor stocks to find underpriced companies. Often the companies they find are unloved, unknown, or completely unpalatable for most investors. They are cigar buts or garbage in the world of financial assets.

    Perplexingly, many waste management companies are not trading as though they are garbage. Many of these stocks are trading at very dear multiples. Investors must exercise care to make sure they are not overpaying more »

  • Billionaire Bill Gates Buys Even More Trash

    By Meena Krishnamsetty - October 4, 2012 | Tickers: CVA, BIN, RSG, WCN, WM

    Cascade Investment, which invests much of Bill Gates’ wealth, has been buying Republic Services, Inc. (NYSE: RSG) again. Between Sept. 26 and Sept. 28, Cascade bought about 1.7 million shares of the company at an average price of about $27.35. Republic Services collects and disposes of waste from residential, commercial, and industrial disposers. At the end of this round of buying, Cascade owned 78 million shares of Republic more »

  • Is This Waste-to-Energy Stock Junk?

    By Meena Krishnamsetty - September 14, 2012 | Tickers: CNL, CVA, IDA, POR, WM

    Covanta (NYSE: CVA) uses waste that would otherwise be sent to landfills to produce electricity (the company has about 1 million residential customers in North America) as well as to extract some metals for re-use. At a market capitalization of $2.3 billion, the company trades at 32 times earnings, which is a bit high but could be appropriate for a “next generation” type of company.

    However, so far the more »

  • Marty Whitman’s Top Stock Picks

    By Meena Krishnamsetty - September 13, 2012 | Tickers: BAM, CVA, FCE-A, PKX, BK

    Marty Whitman, a value investor, founded Third Avenue in 1990 after having run a money management firm since 1986. Third Avenue currently has over $10 billion under management and, at least over the last several quarters, has demonstrated a preference for the financial sector. By doing deep bottom-up research on companies Third Avenue attempts to find stocks which are “safe”- a good management team in an understandable business with stable more »

  • Energy: Tech Trumps Policy

    By Elena Cahill - August 23, 2012 | Tickers: CVA, WM

    Presidential election years tend to put some investors on hold.  New policy initiatives could change everything or at least a great deal, they assume.  In energy, though, that’s not the situation.
     

    Technology + Reasonable Regulations

    At least it isn’t typical in those energy sectors where technology dominates and the marketplace is unfettered by excessive regulation.  That’s my experience as an energy consultant and broker.   In its August 11 more »

  • Should your Portfolio have Greentech Stocks?

    By Kevin Gill - August 16, 2012 | Tickers: AMRC, AMRS, CDXS, CVA

    Renewable energy sources will have to replace traditional and non-renewable sources more and more if urbanization and current American lifestyles are to continue, no less the improvement of lifestyles (i.e. increased energy consumption) in emerging countries.

    The wise investor sets aside personal leanings and emotional factors to objectively assess any yield potential from any given form of stock or even a whole sector. Whether or not you’re the more »

  • Another Way to Think Green

    By Matthew DiLallo - March 6, 2012 | Tickers: CVA, RSG, WM

    I try not to think too much about it, but like most married men it’s my duty to take out the garbage. I try to wait until the kitchen garbage can won’t fit anything else before braving the winter snow to dispose of our unused wares.  Sometimes the smell is more than my wife will allow despite the use of Glad Odorshield bags so needless to say I more »