In A Recession, These Waste Management Stocks Have Outperformed S&P500 Historically
1. Analyst John Mazzoni initiated Buy ratings for major waste management companies. 2. Environmental Services firms show resilient business models and strong recurring revenue. 3. The sector outperformed S&P 500 by 10% in recent market corrections. 4. Advancements in technology expected to drive margin expansion in the industry. 5. M&A pipeline of $4-$5 billion aligns with existing operations in solid waste.