Global tailwinds aiding the waste disposal industry bode well for fundamentally sound Clean Harbors, Inc. (CLH) and Stericycle, Inc. (SRCL). In contrast, the ongoing slump in demand for electronics, appliances, and automobiles could hinder the prospects of fundamentally weak Li-Cycle Holdings Corp. (LICY).
Owing to rapid urbanization and the ever-increasing density of urban population centers, smart and sustainable waste management via IoT, sensors, and data analytics has become one of the priorities at the front and center of urban and industrial planning.
