How Casella Cleans Up

摘要

Trash is something most people throw away. But for Casella Waste Systems (CWST), it's a resource to be mined for profit. Companies such as Casella are set to become big winners in the growing environmental cleanup industry, says Hilary Kramer, chief investment officer of GreenTech Research, which owns shares. Casella is "an exciting" waste-management play because of its added value as a potential buyout target for larger companies, she adds. Casella, which provides waste -collection and -recycling services to residential and commercial customers, has jumped from 9 in April to 15.21 on Nov. 7. But it re-rnmains undervalued, says Eric Prouty of Canaccord Adams, who rates it a buy, given its assets. Bill Fisher of Raymond James Financial has upgraded Casella to a strong buy, with a target of 22.