Covanta Holding Corp (NYSE:CVA)

Trash-to-cash business model. Stock has been pounded recently, but I don't think it should be tossed in the incinerator quite yet.

I'm banking on higher fuel prices driving up this company's service demand

Long term contrarian play. WHEN we get serious about dealing with climate change issues this sector will explode. That and the short interest on a solid company sets up a nice bump up.

One day the US will catch up Europe in terms of trash-to-energy (http://www.nytimes.com/2010/04/13/science/earth/13trash.html). It's embarassing that we are so far behind in this and nuclear energy. Even though we have more land than Europe, we can't keep piling stuff up forever. Eventually people will come around to the fact that burning trash can be green.

special dividend coming soon. Thats enough reason for me to green thumb it. 1.50 a share

Removed Positions (Sold out completely):
less than 0.5% of previously reported assets

4,143,974 owned
- Q409 13F - Soros Fund Management LLC

-

Following Jakila the Hun. The timing for this pick seems reasonable because Covanta's price recently dipped after a somewhat disappointing earnings report. Valuation is borderline. Although the price of 2 times book (or 22 times earnings) seems reasonable for a growth company like Covanta, the company has quite a bit of debt that must be paid from future cash flows. BUT- the upside is EXCITING. The company's mission of converting waste to energy makes sense at a very basic level - and surprisingly enough the company has generated decent profits in recent periods. This company could be THE NEXT BIG THING. If so, its high debt levels will be an easily surmountable issue.

Trash to energy-c'mon--this business is fantastic. I have heard that some people are concerned that collections are down--there will always be trash don't be silly...

ibd

Covanta turns garbage to energy in a number of places, including Alexandria, Virginia. Way under-valued, and now in the best possible political environment.

Buying s business that burns trach and converts it into energy for sale is about as good a business as you could own right now. Everyone loves the idea of reducing landfill, and energy has never been more profitable. That along with billionaires like Whitman and Zell putting serious cheese behind this idea, people smarter than most, then you are buying into a perfect storm over the long run assuming management continues to deliver on their story.

good stock have it for over 2 years

canslim screener

An alternative approach to power generation that is already commercially viable is to get it from garbage, and the leader in waste-to-energy facilities is Covanta. The company operates 32 plants that burn trash and municipal waste to make steam and heat for power generation. Trash haulers pay the Fairfield, N.J., company to take the waste off their hands. This form of renewable energy is especially competitive in places such as New England, where landfill space comes at a premium. Besides, while there may be shortages of oil and natural gas, it's hard to imagine that there will ever be a shortage of a superabundant source of renewable energy such as trash.

This is the time to really get into some of these companies that are helping to turn our society green. Now the question is is, what companies have a good business model and quality management to lead their company through this downturn in the economy. I think this is a company that can go a long way.

Waste to Power. Need of the hour. This is the mine to explore now.

There is an AMPLE supply of waste! The government will be backing them up with grants to turn crap into good. Buy now!!!