|
TWST: What do you include in your coverage of environmental services?
Mr. Butler: My coverage primarily focuses on the non-hazardous solid waste
haulers. There are about eight public ones. Obviously, environmental services
can get a lot wider than that. I think most people include medical waste, with
companies like Stericycle (SRCL), hazardous waste, with companies like Clean
Harbors (CLHB) and even some waste energy players such as Covanta (CVA). TWST: Why do you limit your coverage to the solid waste companies?
Mr. Butler: I shouldn't say I limit it to that; it is just the coverage I have
at the moment. Coverage is always in a state of flux. The nice thing about the
non-hazardous solid waste group is that you have a very homogeneous group. There
are about eight players out there. It is a good size mix from everyone as large
as Waste Management (WMI), which is $13 billion, down to some of the smaller
players that are $100 million in revenues.
Tickers included in this excerpt: AW, DAR, RSG, WCAA, WCN, WMI
For more information call (212) 952 7433. The
Wall Street Transcript does not endorse any of the comments made by interviewees, and does
not make stock recommendations.
|
|
