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Waste Management WM - News Analyzed: 4,199 - Last Week: 100 - Last Month: 400

⇑ Investor Interest Rises in Waste Management WM Amid Strong Earnings Growth and Business Expansion

Investor Interest Rises in Waste Management WM Amid Strong Earnings Growth and Business Expansion

Waste Management (WM) stock has been gaining substantial attention, with its share count increasing by 1087 following a recent acquisition by Astoria Portfolio Advisors LLC. This indicates a heightened interest from investors, boosted by the company's strong institutional backing, attributed to shareholders who own about 83% of WM.

In other significant events, WM's CEO finds their growth in the medical business appealing, leading to an attractive fit for a $7.2B Stericycle deal. It's also venturing into more sustainability efforts, reported through a significant spending boost leading to 'strong' operational growth concluding Q4.

Also, WM has seen impressive stock market gains, outperforming broader market metrics. The company has had steady growth, supported by investors such as Aspiriant LLC, Sovereign Financial Group Inc, and Fiduciary Advisors, LLC which have all taken positions in the company.

Lastly, WM saw its Q1 2024 earnings surpass estimates and grow YOY, WM's debt-to-EBITDA had been noted, and the company recently announced the purchase of Hometown Haulers. This mix of growth, sustainability efforts, and expansion could signal a bullish future for WM.

Waste Management WM News Analytics from Wed, 25 Oct 2023 07:00:00 GMT to Sun, 30 Jun 2024 09:57:41 GMT - Rating 8 - Innovation 9 - Information 9 - Rumor -8

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