Stericycle shares set to outshine market - Barron's

NEW YORK, March 1 (Reuters) - Shares in medical-waste-disposal company Stericycle (SRCL.O) will beat the market over the next 18 months as the company adds market share and continues to post profits, according to Barron's.

The company is not seeing any impact from the global recession and in February it raised its estimates for earnings in 2009, the weekly business newspaper said in its latest edition dated March 2.

Shares in the Lake Forest, Illinois, company could return to levels near their $66 September high, the newspaper said, citing Neal Kaufman, an analyst at Baron Capital which holds Stericycle shares.

Shares in Stericycle have fallen 16 percent since the start of the year. The shares closed at $47.98 Friday on Nasdaq. (Reporting by Elinor Comlay; Editing by Bernard Orr)