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This Month's Exclusive Story Trash to Treasure: 3 Waste Removal Stocks to Minimize VolatilityWritten by Dan Schmidt. Publication Date: 3/22/2026. 
Key Points - Waste removal stocks often perform well in volatile times due to inelastic demand for services and long-term contract agreements.
- While the industry is highly-concentraded, the incumbents have unique advantages due to regulatory compliance hurdles.
- Waste Management, Republic Services, and Clean Harbors are three waste removal companies with upside in the current market environment.
- Special Report: Elon's "Hidden" Company
If you hate taking out the trash, welcome to an exclusive club: everyone. Trash removal is a factor when renting or buying a home because we all produce waste and need it collected. Since demand for trash removal is inelastic, companies that provide these services typically generate steady, if unspectacular, revenue. The waste removal industry, however, has a few advantages that set it apart from typical consumer staples companies: - Regulatory and Environmental Burden - Removing trash from a home is simple, but managing waste for businesses and governments is another animal. The waste disposal industry is highly regulated, with strict standards and high barriers to entry. Opening a new landfill is a multi-year process, so incumbents operate in an oligopoly with significant pricing power.
- Long-term Revenue Streams - Waste removal companies typically operate under long-term contracts, which lock in consistent revenue that tends to hold up during economic slowdowns. Businesses commonly sign contracts lasting one to three years, while larger companies and municipalities often agree to five- to seven-year terms. Contracts can be flat- or variable-rate and often include provisions for regulatory fees and fuel charges (which matter more as oil prices rise).
This mix of essential demand and regulatory barriers often makes the sector a solid defensive investment. Historically, waste management firms have held up well during market corrections and volatile periods. With the conflict involving Iran ongoing and the S&P 500 near its 200-day moving average, market fluctuations are likely to continue, making waste service companies worth considering now. 3 Steady Waste Removal Stocks With Upside Elon Musk needed $11 billion for Starlink and didn't write a check in dollars. He used a different type of currency - one Louis Navellier says the wealthiest Americans have hoarded for decades. The biggest oil deal in decades ($59 billion) closed the same way. Apple, Microsoft, and Nvidia converted nearly $1 trillion out of dollars last year. Navellier, a 47-year Wall Street veteran, has identified 7 companies positioned to capture the upside of this shift right now. Watch his urgent briefing before this window closes. Watch the briefing and get the names of all 7 companies The industry's oligopoly means only a handful of waste-removal companies trade publicly on U.S. exchanges, limiting options for investors. With that context, here are three companies that combine upside potential, consistency, and dividend income while helping limit exposure to fluctuating fuel costs. Waste Management: The Cashflow King Waste Management Inc. (NYSE: WM) is the largest waste-removal company in the U.S., both by market cap ($94 billion) and by number of landfills, transfer stations, and recycling facilities. It's also shareholder-friendly, a trend reinforced by strong free cash flow of $2.94 billion in Q4 2025. Management expects free cash flow to grow by more than 30% in 2026 and is supporting that outlook with a 14.5% dividend increase and $3 billion in share buybacks. The company is also buffered from energy-related cost shocks via energy surcharges that pass diesel and compressed natural gas (CNG) price increases through to customers.  WM shares show signs of a meaningful technical uptrend, with a bullish Golden Cross and solid support at the 50-day moving average. A move into overbought territory on the Relative Strength Index (RSI) prompted a brief pullback, but the stock is again approaching the 50-day support level — a potential entry point for new buyers. The dividend now yields 1.62%, with a 56% dividend payout ratio and a 22-year history of increases. Republic Services: Lower Leverage and Dividend Resilience Republic Services Inc. (NYSE: RSG) often plays second fiddle to WM due to a smaller market cap, lower dividend yield, and fewer locations. But RSG brings strengths WM does not: an earnings beat in Q4 2025 and a cleaner balance sheet. RSG carries less debt and has engaged in less M&A activity, which can mean slower growth but also lower leverage and financial flexibility. Its dividend yield is lower at 1.13%, but the DPR is a healthy 36%, leaving room for future increases. Republic also uses a fuel-surcharge model similar to its larger rival, helping offset rising oil costs.  RSG shares have lagged WM in 2026, and the technicals show more conflict between buyers and sellers on the daily chart. If volatility remains elevated, RSG could continue the breakout that began last November. The stock appears to have found support at the 50-day moving average, and the RSI has returned to levels that previously marked short-term lows. A sustained move above the 200-day moving average could be the next catalyst. Clean Harbors: Upside From Government Contracts Clean Harbors Inc. (NYSE: CLH) isn't a traditional collection-and-disposal operator like RSG or WM, but it offers more upside potential. More than 75% of the company's revenue comes from Environmental Services, a more cyclical business than Collection and Disposal, but Clean Harbors benefits from a particularly reliable client: the U.S. government. The company has a multi-year agreement with the Department of Defense for polyfluoroalkyl substances (PFAS) filtration services, with options to expand annually. PFAS are dangerous "forever chemicals" that may be present in water at more than 700 military bases. Clean Harbors is one of the few companies capable of all three phases of PFAS filtration, remediation, and incineration, giving it a competitive moat for these services and an advantage in securing additional government contracts.  Investors favor companies with steady government contracts, and CLH shares are up more than 20% year to date. The stock is in a strong uptrend, trading above both the 50-day and 200-day moving averages, and the RSI has cooled from overbought levels. With the Department of Defense involved in ongoing tensions with Iran, defense budgets may rise beyond earlier requests, potentially increasing revenue for Clean Harbors. |
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