From trash to cash: These investors have made a killing by betting on a waste management company

  • 📰 CNBC
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Waste Connections has the largest weight in the Wells Fargo Asset Management Discovery fund. The bet has paid off big for its investors.

. The consumer preference for younger consumers is to get their groceries delivered, have low prices and transparency. Kroger, to a certain extent has invested in stores and store distribution," he said. "In our view, those companies ... are on the wrong side of change.", an online retailer based in Argentina, and Black Knight, a company that builds software solutions for banks to better process mortgage originations and home equity lines.

"In emerging markets like that, consumers tend to skip a step and they may not even get a credit card or a bank account," he said. "They'll deal directly with the e-commerce provider, sort of like Alipay and WeBank in China. They'll skip the traditional businesses we're used to." shares are up about 41% this year. The stock was first added into the fund on Oct. 31, 2017. Since then, the stock is 40% higher.The fund's investment approach has returned more than 17% over the past three years, outperforming nearly 90% of its peers over that time.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jackie Cruz Signs With Artist Management Company All Parts MoveJackie Cruz has signed a deal with Miami-based artist management company, All Parts Move.
Source: billboard - 🏆 112. / 63 Read more »

Stocks making the biggest moves midday: Mallinckrodt, Facebook, Slack, Nordstrom, GM & moreCheck out the companies making headlines in midday trading. Good I wonder how many of those CEOs paid $0 in taxes? Because we are going to have to pay their taxes...14,2 trillion dollars in consumer debt and 21 trillion dollars in the national debt that's a combined debt of 35.2 trillion dollars people that we owe Stocks Moving?
Source: CNBC - 🏆 12. / 72 Read more »