Waste Management says it’s a dirty job, but someone has to do it
Posted by: in Stocks Money NewsFiled under: Stocks to Buy
In the equities asset class, there are show horses — high-profile, glamorous stocks that receive considerable news coverage; and work horses — lesser-known stocks that don’t receive a great of coverage, but get the job done, nonetheless. Put Waste Management decidedly in the latter category.
Waste Management, Inc. (NYSE: WMI) is the No. 1 waste disposal company in the United States. The company provides collection, transfer, recycling and resource recovery services to 21 million residential, industrial, municipal and commercial customers. WMI operates more than 430 collection operations and 277 landfills.
Analysts like WMI’s strategy to sacrifice collection volume in favor of maintaining its pricing strategy and margins.
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