Is Waste Management a good stock to buy?
Strong Performance Stock price appreciated by 40%, outpacing the S&P 500’s 1-year growth of 29%. As of the time this article is written WM trades at $162.79, just 3% off the 52-week high of $168.04. The company also offers investors a 1.41% dividend yield compared to the 1.21% yield the market currently pays.
Why is Waste Management stock dropping?
The biggest player in the waste-disposal business. They are tied to the economy–more commerce and construction business translates into more garbage. That’s why this stock has been falling in he last two weeks.
Is Waste Management publicly traded?
Yes. Waste Management stock is traded on the New York Stock Exchange as NYSE: WM.
What stock sector is waste management?
Public Utilities
Key Data
| Label | Value |
|---|---|
| Exchange | NYSE |
| Sector | Public Utilities |
| Industry | Environmental Services |
| 1 Year Target | $162.00 |
Is WM a good buy right now?
Zacks’ proprietary data indicates that Waste Management, Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the WM shares relative to the market in the next few months.
Does Bill Gates own Waste Management?
Bill Gates, already the largest Republic Services shareholder, paid $117 million to buy the dip in the waste-management company’s stock. Waste-management company Republic Services has been down in the dumps this year, but its largest shareholder, Bill Gates, just bought more shares.
Is Waste Management a blue chip stock?
Waste Management is a blue chip business, and operates a very resilient business model. While these strong fundamentals remain intact and the company is working to innovate its business, investors should use caution at the current price that shares trade at.
How many shares of WM are there?
Share Statistics
| Avg Vol (3 month) 3 | 2.11M |
|---|---|
| Shares Outstanding 5 | 418.32M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 417.43M |
| % Held by Insiders 1 | 0.13% |
Is Waste Management stock undervalued?
Is Waste Management Inc Stock Undervalued? The current Waste Management Inc [WM] share price is $160.59. The Score for WM is 82, which is 64% above its historic median score of 50, and infers lower risk than normal. WM is currently trading in the 80-90% percentile range relative to its historical Stock Score levels.
Is Waste Management Blue Chip?
Is Waste Management undervalued?