Veolia Environnement (ADR) (NYSE:VE)

CAPS Rating: 4 out of 5

The Company is a provider of environmental management services, which include water and wastewater services, waste management services, energy services and transportation services.

Recs

0
Player Avatar Regina48 (76.94) Submitted: 11/19/2012 8:16:16 PM : Outperform Start Price: $9.25 VE Score: +81.48

Waste management is initially a high-cost business for trucks, containers, etc. Once the waste can be sold to be reused for fuel, manufacturing, or other purposes, then revenue can be generated. This takes time. All in all, it's a good business for the planet. More and more companies and individuals are become sustainable, recycling rather than throwing away. It may be another 5 to 10 years before this company can generate enough income to be a profitable one. I'd like to see it succeed. As their slogan says, Dedicated to Protecting People and Improving the Environment. You can't beat that!

Featured Broker Partners


Advertisement