5 Recycling Stocks to Buy Now

4. Casella Waste Systems, Inc. (NASDAQ:CWST)

Number of Hedge Fund Holders: 25  

Casella Waste Systems, Inc. (NASDAQ:CWST) is an integrated solid waste services firm. On February 22, Raymond James analyst Patrick Tyler Brown kept a Strong Buy rating on the shares with a price target of $92, underlining that the “landfill positioning and ongoing operational improvements offer sustainable organic opportunities to improve price and margins” for the firm despite pressures due to inflation.  

Hedge funds have been loading up on Casella Waste Systems, Inc. (NASDAQ:CWST) stock in recent months. At the end of the fourth quarter of 2021, 25 hedge funds in the database of Insider Monkey held stakes worth $173 million in Casella Waste Systems, Inc. (NASDAQ:CWST), up from 16 in the preceding quarter worth $106 million.