NYSE:WM

Waste Management (WM)

224.63
+0.42 (0.19%)
as of Aug 14, 2026, 1:40:52 pm Market Open.
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Investor Insights
star iconAug 13, 2026, 12:00 am

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.

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Consensus
Positive
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Valuation
Overvalued
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COMMENT
Is there a relationship between the hot EV craze, Biden in office now and ESG with WM, America's biggest recycler? Doesn't see a connection. WM makes the most business out of home building and construction, instead. Also in fuel cells and methane, but those just aren't ESG. He likes WM though.
BUY
They just reported a top and bottom beat. It's a bellweather for the entire market.
PAST TOP PICK
(A Top Pick Jul 04/19, Down 11%) Sold last month. Started to underperform the broader S&P. Recycling segment is hurting the company.
BUY ON WEAKNESS
A long-term hold? They hiked the dividend and that's attracted investors, but the price is now too rich to enter. Waste management is a growth sector. He likes it. Wait till the stock pulls back below $110.
PAST TOP PICK
(A Top Pick Jan 23/19, Up 32%) Reliable earnings. High quality, low beta. Pay a bit more, 27x, for high single-digit growth. The defensive part of his barbell approach with growthier names. Yield is 1.8%.
DON'T BUY
A solid waste management company in a defensive sector that is fragmented; this allows WM to buy smaller companies. WM has done well, but it's now too expensive to enter. There's also some cyclicality here, so in a slowdown there may be less garbage from the industrial space.
HOLD
If your time horizon is 5 years, you can hold this name. Valuations tend to be higher, and dividends lower. Industry is ripe for consolidation. Once the services are in place, you just need a little price increase here and there and you get organic growth. Stable.
PAST TOP PICK
(A Top Pick Oct 03/18, Up 32%) Stock's gone up 32%, but fundamentals haven't improved by the same amount. Defensive hold. Somewhat recession-proof. Likes management. Struggling with recycling. China is no longer a big recipient of recycling, but WM is building recycling capacity.
BUY
Recession resilient. Trash is good business, especially when times are tough. We're in late cycle, with a slowdown down the road. Great chart. Higher highs and lows. 25x earnings, low beta, 9% growth. Largest out there right now, and continue to grow by acquisition. (Analysts’ price target is $123.00)
BUY
Garbage is a great business to be in. He owns Waste Connections instead. But you can't go too far wrong with WM.
TOP PICK
Diversified customers in US and Canada. Shareholder friendly. Raised dividend for 16th consecutive year, steady earnings, defensive, low beta. Expensive, but EPS and dividend expected to grow. If we get a slowdown, likes this name. Yield is 1.75% (Analysts’ price target is $115.08)
WAIT
Well positioned in the industry. Good company, and has done well. Doesn't offer value today. Pullback is a precursor to further drop of 5-10%. A significant pullback would be a good opportunity for longer term. (Analysts’ price target is $111.58)
BUY
Would you choose Waste Connections (WCN-T) over it? He owns Waste Management in the US. He likes both names. Valuations are similar. The US company is bigger and he is looking for defensible earnings now.
TOP PICK
The largest garbage collector in the U.S. 20-million Last month announced share buybacks. Have icnrased dividend 16 years in a row. Defensive and growth. Good cash flow. Recently bought it. Good management. (Analysts’ price target is $98.55)
BUY
This is the perfect looking chart, a staircase. He likes nice moves on good volume, but he doesn’t know the volume here. Stock is just chugging along, absolutely no reason to sell.
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