You know the old saying “One man’s trash is another man’s treasure”? Well, if you’re looking for solid returns and dividend income, you don’t have to go dumpster diving to win big — you just need to invest in the right waste management stocks.
Granted, the process of hauling and storing garbage is no one’s idea of sexy. It is, however, one of those things you can’t do without — like food, heat and power. That inoculates waste management stocks from the fits and starts that plague consumer cyclicals.
And waste management stocks will continue to flourish as long as humans keep generating trash (so, for a very, very long time). Consider that in 2012, Americans generated about 251 million tons of trash and recycled and composted almost 87 million tons of this material, according to the Environmental Protection Agency. That translates to a gigantic job that somebody has to tackle — giving waste management stocks a big opportunity that keeps growing.
Additionally, some of these stocks pay dividends, which
Here are three waste management stocks to buy now: