Stock Entry Point Article​

Casella Waste Systems Inc – 2021 Waste Management Stock

Casella Waste Systems Inc – Waste Management Stock 2021

Casella Waste Systems is a waste management company based in Vermont. It offers recycling, landfill, energy, organics, collection, and special waste services to residential, commercial, municipal, and industrial customers in the northeast region of the US. The vertically integrated nature of Casella’s business and its focus on secondary and tertiary markets offers the company economies of scale. This moat is key in the waste management industry that is commoditized and highly competitive. Additionally, building new landfills is not easy, and the pricing for existing landfills that Casella operates has the potential to grow. Investors looking for a waste management stock for 2021 may want to consider Casella Waste Systems. The company is based in Vermont, and its stock has been on a strong uptrend for the past few years.

Casella Waste Systems Business Info

Casella Waste Systems had very humble beginnings. It was founded in 1975 and started operations with just one truck. Today, it is a vertically integrated waste management company that offers services in six states, namely, Maine, New York, Vermont, New Hampshire, Pennsylvania, and Massachusetts. Casella Waste Systems offers solid waste as well as recycling services. The company operates 20 recycling centres, 46 solid waste collection locations, and 58 transfer hubs. Casella Waste Systems also benefits from having approvals to operate landfills. The topic of landfills is an environmentally sensitive one, and public attitudes towards landfills have been changing progressively. Therefore, it is not easy for competitors or new entrants to get such approvals. So, within the geography that an established waste management company operates, it has a significant competitive advantage. If you are looking to invest in waste management stock 2021, then check for such moats.

Waste Management Stock For 2021

Casella Waste trades on the Nasdaq exchange under the ticker symbol CWST. Its stock last traded at $83.61 on 22nd October 2021. The stock has risen by 662% over the preceding five years. The interesting thing about Casella Waste’s stock is that there have been minimal pullbacks throughout the uptrend.


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