Buy, Sell or Hold: Waste Management (WM-N) — Stock Predictions at Stockchase

NYSE:WM

164.67

1.45 (0.89%) 1d

Showing 1 to 15 of 38 entries

BUY on WEAKNESS

Very stable business that has good long term prospects. Long term contracts with recurring revenue. Service is something people always need. Multiples are high, so would wait to buy. Overall, is a good investment.

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BUY

Just made a new 5-year high. Technically, that's very attractive. Everyone's making money, so no one's looking for a spot to get out. Waste sector is doing well, as the economy has reopened. Likes it technically and fundamentally. He could buy it here.

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TOP PICK

Biggest and best in class in US solid waste. Collection, recycling, transfer, and landfill. A light industrial, because waste collection is a need. Pricing power not as strong, but volume makes up for it. Integrated ownership of landfills avoids NIMBY issues. A-rated balance sheet, almost bullet-proof. Dividend growth 6% annually, earnings about 8%. Yield is 1.81%. (Analysts’ price target is $171.25)

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COMMENT

The biggest player in the waste-disposal business. They are tied to the economy--more commerce and construction business translates into more garbage. That's why this stock has been falling in he last two weeks. They reported an in-line quarter today, neither inflaming the bears or bulls.

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DON'T BUY

Earnings and price stability. Collecting garbage doesn't go away despite the economy. Trades at close to 30x earnings, which is excessive for a relatively slow grower. Sees more downside risk than upside potential.

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DON'T BUY

A very good company that is classified as recession proof and highly predictable. Yields on their collection business is firming and prices of recycling is good. Trades at 30x earnings. Traditionally a 5-6% grower. Unless they pick up more contracts, they will continue to grow according to economic growth. Valuation is too high here.

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WEAK BUY

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.

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DON'T BUY

Whole industry is mature and grows through consolidation. A local business, so prices are set by marginally small players. Not an area she's interested in. Other industries have more exciting growth opportunities than by acquisition alone.

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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.

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BUY

They just reported a top and bottom beat. It's a bellweather for the entire market.

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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.

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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.

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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%.

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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.

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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.

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Showing 1 to 15 of 38 entries

Waste Management(WM-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 4

Stockchase rating for Waste Management is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Waste Management(WM-N) Frequently Asked Questions

What is Waste Management stock symbol?

Waste Management is a American stock, trading under the symbol WM-N on the New York Stock Exchange (WM). It is usually referred to as NYSE:WM or WM-N

Is Waste Management a buy or a sell?

In the last year, 4 stock analysts published opinions about WM-N. 2 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Waste Management.

Is Waste Management a good investment or a top pick?

Waste Management was recommended as a Top Pick by on . Read the latest stock experts ratings for Waste Management.

Why is Waste Management stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Waste Management worth watching?

4 stock analysts on Stockchase covered Waste Management In the last year. It is a trending stock that is worth watching.

What is Waste Management stock price?

On 2022-09-28, Waste Management (WM-N) stock closed at a price of $164.67.

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