Republic Services (RSG) president and CEO Donald Slager makes the case to potential investors pretty simple.

"Garbage is good," Slager tells TheStreet (TST) . "People like the stability of our cash flow and the predictability of what we do with that cash flow." Slager says Republic Services will return $3 billion of cash to shareholders over the next three years in buybacks and dividends.

It also helps to deliver good quarters, too. The company's first quarter adjusted earnings surged 35% from the prior year, fueled by strength in the large container business.

Watch TheStreet's interview with Boeing CEO Dennis Muilenberg here.

More from Video

They Were Fired, Then a Billionaire Investor Helped Them Build Home Depot

They Were Fired, Then a Billionaire Investor Helped Them Build Home Depot

Veteran's Day: Hanger is Pushing Prosthetics Into the 'Internet of Things' Era

Veteran's Day: Hanger is Pushing Prosthetics Into the 'Internet of Things' Era

Why Home Depot and Retailers Are Betting on a Strong Holiday Shopping Season

Why Home Depot and Retailers Are Betting on a Strong Holiday Shopping Season

Has the Moment to Buy Starbucks Passed? Our Jim Cramer Weighs In

Has the Moment to Buy Starbucks Passed? Our Jim Cramer Weighs In

Ask Jim: Is Ford a Good Source of Dividend Income?

Ask Jim: Is Ford a Good Source of Dividend Income?