Today I sell you on Covanta. How do I know that? Well I spent the whole morning selling myself on it. My aim is too get some explosive big cap going. I had a huge list of " green " companies sent to me. i worked all day yesterday- 7 hours on this. To narrow this list down to one name certainly was not easy.
Covanta is a Sam Zell company. he owns a huge chunk. I love Sam.
In the First qtr of this year the company made a big partnership with China to bring their trash burn into energy concept over there. There were talk of BIG contracts some time this year... Well we are heading into the final stretch no contracts yet....
Covanta (CVA) intrigues me because it is a great idea and outside of solar and is NOT widely followed. those are stocks that can make you rich. It has a $3 billion plus market cap in the waste-to-energy area, and they operate waste-to-energy plants across the United States. They have 31 of the 89 that exist in the United States. What's interesting about Covanta is that they were able to do a couple of billion-dollar recapitalizations of their balance sheet, and now they're focused on growing outside of the US. That's where the majority of growth is. So they have a new partner in China--
>> These projects do take a long time to get in place, so you don't just build one of these things in a couple of months. It may not be as sexy as solar but the numbers do add up in a better way. As long as
CVA operate their plants at 90% plus utilization, they keep their margins up. They need to continue to operate the plants and keep maintenance costs down, so that they can continue to produce the kind of cash flow that investors have become accustomed to seeing over the last 18 months. I think they can. And I think England, Italy & China will all come on board.
Lets turn garbage into energy! Lets clean up the earth! Let's Double our money in 1 year! ~ stoney
Covanta is a Sam Zell company. he owns a huge chunk. I love Sam.
In the First qtr of this year the company made a big partnership with China to bring their trash burn into energy concept over there. There were talk of BIG contracts some time this year... Well we are heading into the final stretch no contracts yet....
Covanta (CVA) intrigues me because it is a great idea and outside of solar and is NOT widely followed. those are stocks that can make you rich. It has a $3 billion plus market cap in the waste-to-energy area, and they operate waste-to-energy plants across the United States. They have 31 of the 89 that exist in the United States. What's interesting about Covanta is that they were able to do a couple of billion-dollar recapitalizations of their balance sheet, and now they're focused on growing outside of the US. That's where the majority of growth is. So they have a new partner in China--
>> These projects do take a long time to get in place, so you don't just build one of these things in a couple of months. It may not be as sexy as solar but the numbers do add up in a better way. As long as
CVA operate their plants at 90% plus utilization, they keep their margins up. They need to continue to operate the plants and keep maintenance costs down, so that they can continue to produce the kind of cash flow that investors have become accustomed to seeing over the last 18 months. I think they can. And I think England, Italy & China will all come on board.
Lets turn garbage into energy! Lets clean up the earth! Let's Double our money in 1 year! ~ stoney