What Makes Casella Waste Systems’ (CWST) Business Model Consistent?

From Yahoo Finance: 2025-04-29 09:17:00

Conestoga Capital Advisors released its first-quarter 2025 investor letter, citing a rally in equity markets at the start of the year, followed by a decline due to concerns over slowing earnings and geopolitical tensions. Their Small Cap, SMid Cap, Micro-Cap, and Mid Cap Composites all saw varying returns compared to respective indexes.

Casella Waste Systems, Inc. (NASDAQ:CWST) was highlighted in the investor letter, with a one-month return of 4.19% and shares gaining 27.92% over the last 52 weeks. The company closed at $116.18 per share on April 28, 2025, with a market capitalization of $7.373 billion.

Casella Waste Systems, Inc. (NASDAQ:CWST) is praised for its solid waste services in the Northeast and continued performance amid market volatility. The company’s unique position with landfill capacity in a constrained region has contributed to its success, along with the consistency of its business model.

Despite not being on the list of 30 Most Popular Stocks Among Hedge Funds, Casella Waste Systems, Inc. (NASDAQ:CWST) saw 24 hedge fund portfolios holding it at the end of the fourth quarter. The company reported fourth-quarter revenue of $427.5 million, up 18.9% year-over-year. While Casella Waste Systems, Inc. (NASDAQ:CWST) shows potential, AI stocks are seen as holding greater promise for higher returns in a shorter timeframe.

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