
NYSE:WM
This summary was created by AI, based on 8 opinions in the last 12 months.
Waste Management (WM) has garnered attention from various experts for its solid cash flow and defensive characteristics, making it a staple in investment portfolios during volatile times. While it competes well in a strong industry with essential services, its valuation raises concerns, trading at approximately 40x P/E, a figure deemed high by some analysts. Despite this, its market leadership with a significant share and a challenging regulatory environment for new entrants fortifies its competitive moat. Future growth appears steady, driven by consistent earnings, acquisitions in new service areas, and a reliable dividend. However, caution is advised due to current market risks and technical indicators, suggesting that investors might consider waiting for a better entry point.
A treasure in a challenging market environment. A light industrial, since there isn't much cyclicality. Good line of sight to high single-digit organic growth rate. Tuck-in acquisitions. Vertically integrated. Good recycling business, with an emerging renewable nat gas division. A happy shareholder.
WM vs. WCN Fell last year, and now is picking up steam. It's more of a utility industrial than a cyclical. If you want cyclical, look at CAT or other industrial names. 28x forward earnings for 11% growth, so a bit rich for him. Fundamentally, a great business. Better valuation than WCN and growth is about the same. To choose, he'd pick WM, the larger one.
Reported a tremendous quarter, and shares popped 6% today in a bad market. A good operator before, but much better now.