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Covanta Holding Corporation (CVA) [hlAlert]

Rating:
Buy CVA
down 3.62 %

Danielson Holding Corporation (CVA) rated Buy with price target $30 by AmTech Research

Posted on: Monday,  Oct 6, 2008  9:25 AM ET by AmTech Research

AmTech Research rated Buy Covanta Holding Corporation (NYSE: CVA) on 10/06/2008, when the stock price was $20.44. Since
then, Covanta Holding Corporation has lost 3.62% as of 01/20/2016's recent price of $19.70.
If you would have followed this AmTech Research's recommendation on CVA, you would have lost 3.62% of your investment in 2662 days.

Covanta Holding Corporation (Covanta) is a developer, owner and operator of infrastructure for the conversion of waste to energy (energy-from-waste), as well as other waste disposal and renewable energy production businesses in the Americas, Europe and Asia. The Company conducts all of its operations through subsidiaries, which are engaged in the businesses of waste and energy services. Covanta also engages in the independent power production business outside the Americas. It has investments in subsidiaries engaged in insurance operations in California primarily in property and casualty insurance. On December 22, 2008, the Company acquired Indeck Maine, LLC from co-owners Ridgewood Maine, L.L.C. and Indeck Energy Services, Inc. On June 2, 2008, Covanta acquired an energy-from-waste facility in Tulsa, Oklahoma from The CIT Group/Equipment Financing, Inc.

Our focus is to generate profitable ideas through pure fundamental research. Our performance will be measured on the success of our recommendations at making money and saving money for our clients. Our objective is to be helpful during the investment process.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/2/2009 9:25 AM Buy
None
14.97 23.00
as of 12/24/2008
1 Week down  -16.30 %
1 Month down  -0.94 %
3 Months down  -9.15 %
1 YTD down  -9.15 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/6/2008 9:25 AM Buy
None
20.44 30.00

(*) Stock Price at the time of the recommendation.
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