Waste Management Inc. (WM) has shown strong and consistent growth, securing a dominant position in the
medical waste market by completing the $7.2 billion
Stericycle deal. It is becoming a favorite for institutional investors who own
83% of the company. Meanwhile, analysts maintain a bullish perspective on the stock, reinforcing WM as a strong choice for
long-term growth and
momentum investments. However, some reports suggest holding off as the company experienced a more significant dip than the broader market. Various sources suggest that WM's returns on capital, Q3 sales, and revenue surpassed estimates. They've announced the pricing of
$5.2 billion senior notes and a cash dividend, affirming it as an attractive choice for investors and Bill Gates' portfolio. Yet, dissension is present with arguments to sell WM, highlighting it experienced a shortfall against earnings expectations. Further, the company finalized the
acquisition of both Stericycle and Winters Bros. Waste Systems. Finally, some noteworthy elements comprise company expansion, rumoured cancellations for some services, and multiple deals for waste services worth investing in.
Waste Management WM News Analytics from Mon, 03 Jun 2024 07:00:00 GMT to Sat, 28 Dec 2024 13:23:16 GMT -
Rating 7
- Innovation 5
- Information 7
- Rumor -4
