According to the UNEP, almost a million plastic bottles are purchased every minute, and 5 trillion throwaway plastic bags are used each year. According to the UNEP, this is generating pollution and climatic calamity on the planet’s surface, in the water, and in the air. They argue that we must do more to limit single-use plastic use. The garbage industry is quickly expanding, with municipal solid waste valued at $1.7 trillion in 2018. According to UBS’s “The Future of Waste” study, investors and financial advisors are beginning to regard the waste reduction industry as a viable investment choice.
Insider Monkey looks at the 10 best recycling stocks to invest in. On the list of the top recycling stocks to buy, US Ecology, Inc. is ranked 10th. Waste Solutions, Field Services, and Energy Waste are the three business segments of the organization. It has a 25.55 percent gross profit margin. In the United States, Quest Resource Holding Corporation provides waste stream and recyclables reuse, recycling, and disposal solutions. On the list of the top recycling stocks to buy, the company is ranked 9th. Its stock has up 23.74 percent in the last six months and 187.87 percent for the year. Casella Waste Systems, Inc. is ranked eighth. The company provides solid waste collection, disposal, transfer, recycling, and other resource management services. Its stock has up 5.59 percent in the last six months and 6.81 percent for the year. Covanta Holding Corporation is ranked seventh. The company owns and runs waste conversion infrastructure as well as waste transportation and disposal. Its stock is up 27.95 percent in the last six months and 35.16 percent for the year. Stericycle, Inc. is ranked sixth. Waste disposal and recycling services are provided by the company in the United States, Europe, and globally. In the last year, its stock has increased by 29.09 percent. For more details, click 10 Best Recycling Stocks to Invest In.
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