Waste Management (WM) has been consistently on the uptick, boasting a 132% gain over the past five years and 145% in another report. This impressive performance is attributed to a range of factors including beating earnings estimates, initiation of growth targets to 2027 and positive Q1 earnings. WM's stock outlook appears very promising, with Wall Street portraying both bullish and bearish sentiments and various upgrades such as JPMorgan upshifting WM to overweight. The acquisition of other waste management companies like DC-area WB Waste Solutions and its sustainability strides - namely in the waste, recycling and landfill industry - have helped maintain a robust portfolio. Strategic acquisitions and technology investments, such as the launch of a $72M Texas Facility aimed at AI and optical sorting tech further position the company for growth. WM’s strong institutional backing, with 83% ownership, proves vital to its substantial market presence. Regardless of a decrease in some insider confidence, WM remains a promising bullish stock for investors.
Waste Management WM News Analytics from Wed, 22 Jan 2025 08:00:00 GMT to Sat, 16 Aug 2025 02:46:06 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor 6