William Blair research analyst Trevor Romeo in October initiated research coverage on three companies in the solid waste and recycling industry, and sector trade publication Waste Today featured the announcement. The companies included: WM, Republic Services Inc., and Casella Waste Systems Inc.
“Investors familiar with these names are likely aware of the positive attributes of their business models, such as strong pricing power, predictability and resilience and steady earnings and cash flow growth,” Romeo wrote in a research note that was cited by the publication.