Waste Management
This company specializes in waste collection, treatment, disposal and recycling and is one of the largest waste management companies in the US.
Overall, I see potential with this company as people will produce trash all the time and I like that this company focuses quite a bit on recycling as well.
Capital Structure
Market Cap
84.0B
Enterpr. Val.
99.7B
Valuation
P/E
34.3
P/S
4.1
It's a financially stable company and the stock is growing nicely. Unfortunately, though, the stock is high for me. I'd like to buy $WM+0.3% for at least under $130.
How do you view this company and do you have this stock included in your portfolio?
I'm starting to like this company a lot too. I registered it when it was somewhere around about $150, but my attention was pulled elsewhere at the time, big shame. I think about what you write and the truth is that unfortunately man produces an infinite amount of waste and so the byznis it will always be big and the more greedy man is to be a consumer, the more waste he leaves behind. Plus the fact that they recycle and then turn it into energy, so with the development of technology to make it as green as possible I see a future in that too, making energy from waste. As you say though, a lower price would be a hell of a lot better, it's pretty near the top now.
There the stability is absolutely clear. On the other hand, the potential is quite limited