These 4 Waste and Services Stocks Collect Recurring Revenue

Resumen detallado
These four companies provide essential services that customers need repeatedly, creating durable revenue streams and opportunities for steady long-term growth.
Waste Management (NYSE: WM), Republic Services (NYSE: RSG), Waste Connections (NYSE: WCN), and Cintas (NASDAQ: CTAS) have something important in common: They generate recurring revenue by providing services their customers need. Whether it's collecting garbage or supplying workplace uniforms, these companies benefit from dependable demand and recurring customer relationships. That combination can produce resilient cash flows, support steady earnings growth, and help fund rising dividends.
Here's a closer look at how these four industrial service stocks generate recurring revenue and why they could be attractive long-term investments.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
WM is the leading provider of environmental solutions in North America. At over $25 billion in annual revenue, it controls a commanding 19% of the fragmented market. The company provides collection, disposal, and recycling services, healthcare solutions (regulated waste and compliance services as well as secure information destruction). It also has a landfill gas-to-energy business. The company has unmatched size and scale with 253 active solid waste landfills, 17 medical waste incinerators, 99 secure information destruction facilities, 113 recycling facilities, and 103 landfill gas-to-energy facilities.
These businesses are recession-resilient, with 75% of WM's revenue having annuity-like characteristics. The company's revenue has grown at an 11% compound annual rate over the last three years, driven by organic growth, sustainability investments, and acquisitions. It also produces strong, growing free cash flow ($3 billion during the first nine months of this year). WM uses its cash to fund growth investments (sustainability investments and acquisitions).
Republic…
Republic…
Inicio del artículo, extracto de Yahoo Finance. Para leer el resto, abra el artículo en el sitio del medio.
MarketNews muestra el titular y el resumen publicados por el medio. El artículo completo se lee en el sitio del editor. (finance.yahoo.com)


