
NYSE:WM
This summary was created by AI, based on 9 opinions in the last 12 months.
Waste Management (WM) appears to be a well-regarded, stable investment choice in the current market. Experts widely recognize the company's defensive qualities, which offer reliable earnings and cash flow despite market volatility. While some analysts express concerns about its high valuation, trading at 25-40x forward PE, others note its strong position in the industry and significant market share in North America. The company's essential services, such as waste disposal and recycling, ensure continued demand, with expectations for steady organic growth in operating profit and dividends. However, the stock's recent technical patterns, including breaks below key moving averages, prompt some caution regarding new positions in the broader market.
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.