
NYSE:WM
This summary was created by AI, based on 8 opinions in the last 12 months.
Waste Management (WM) has garnered positive reviews from various experts, highlighting its stability and reliability in cash flows due to its essential nature in waste management services. Analysts note a strong competitive position, thanks to high barriers to entry such as regulatory difficulties in acquiring landfill permits, which significantly reduces competition. While WM provides steady growth—approximately 10% in earnings—and is seen as a defensive investment amid market uncertainties, concerns have been raised regarding its valuation, with a price-to-earnings (PE) ratio around 25x to 40x being deemed high for the growth expectations. Nevertheless, it's recommended for long-term holding due to its strong market position and resilience in a defensive portfolio.
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.
Classified as an industrial, but it doesn't have cyclicality. Zero product obsolescence. Sold WCN in favour of this one.