Waste Management Inc. (WM) has garnered significant investor attention due to its robust performance in the biotech market. Earning multiple
endorsements from credible voices like
Jim Cramer and
Bill Gates, WM is being upheld as a top pick in the waste management stock segment.
WM's strong Q3 and Q4 earnings exceeded Wall Street estimates, contributing to its positive outlook. The company successfully integrated
Stericycle, expecting future growth from healthcare trends and forecasting conservative synergies. There's a particular focus on
'recyclable pie' expansion, underscoring WM's commitment to sustainability. Plans to enhance its
technology usage indicate a drive towards innovation while targeting to save $450M.
Projects like Nevada County's food waste program and $40M upgrades to the Philadelphia recycling facility highlight WM's initiative in transforming waste management services. Insider reports show some selling off WM stocks in March, yet, the stock remains a popular choice among institutions, with 82% of the company owned by institutional shareholders. Finally,
WM's stock performance has generally remained solid, outperforming the broader market, although recent reports suggest minor drawbacks. Amid these mixed signals, the overall sentiment remains largely positive, signaling WM as a worthy long-term investment.
Waste Management WM News Analytics from Tue, 10 Sep 2024 07:00:00 GMT to Sat, 29 Mar 2025 22:51:07 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 3
