Deutsche Bank says it's time to invest in trash through these 2 stocks: 'Compounding defensive growth'

Deutsche Bank is finding new opportunities in "trash." Analyst Faiza Alwy on Wednesday initiated coverage of North American waste services stocks with a positive view, recommending investors look into Waste Management and Waste Connections as attractive opportunities in the industry. The solid waste industry is made up of three stages: collection, processing and transferring, and then disposing of solid waste into landfills.

Alwy also initiated Republic Services with a hold rating and $203 price target, saying all three stocks are "compounders over the long-term." WCN WM YTD mountain WCN and WM year to date "While larger companies may have fewer 'growth' opportunities, in our view, the attractiveness of the sector is in its defensive and relatively simple business model. We value the stocks on a basis," the analyst said.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Deutsche Bank Q1 profit jumps 10% as investment bank outperformsDeutsche Bank Q1 profit jumps 10% as investment bank outperforms
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Just in: Deutsche Bank lifts S&P 500 target on strong earningsJust in: Deutsche Bank lifts S&P 500 target on strong earnings
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Chubb is 'ideal fit' for Warren Buffett's investment style, says Deutsche BankWarren Buffett's purchase of 6.4% of Chubb makes perfect sense as the insurer checks all the boxes of his investment criteria, according to Deutsche Bank.
Fuente: CNBC - 🏆 12. / 72 Leer más »