The Traderszone Network

Published in TZ Latest News 20 July, 2017 by The TZ Newswire Staff

Stericycle Inc: Buy the Dip?

While most waste management stocks were busy beating the S&P 500 last year, leading medical waste disposer Stericycle (NASDAQ: SRCL) fell from all-time highs to five-year lows. Why? Investors suddenly grew impatient with a debt-laden strategy that has grown the top line without much else to show for it. That argument was justified, but perhaps Wall Street was being a little too impatient.

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