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Waste Management Stocks To Add to Your Watchlist - April 20th

Waste Management logo with Business Services background
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Key Points

  • MarketBeat's screener flags Waste Management (WM), GFL Environmental (GFL), and Custom Truck One Source (CTOS) as the three waste-management stocks to watch today, noting they had the highest dollar trading volume among peers recently.
  • Waste-management stocks are typically seen as defensive holdings that can deliver steady cash flows and dividends due to long-term contracts and regulatory barriers.
  • Major sector risks include fuel and labor costs, recyclable commodity prices, and shifting environmental regulations; WM focuses on collection, landfills and landfill-gas/RNG, GFL on non-hazardous waste and remediation, and CTOS on specialty equipment rental/sales for infrastructure industries.
  • MarketBeat previews the top five stocks to own by May 1st.

Waste Management, GFL Environmental, and Custom Truck One Source are the three Waste Management stocks to watch today, according to MarketBeat's stock screener tool. Waste management stocks are shares of companies that collect, transport, process, recycle and dispose of municipal, commercial and industrial waste and provide related environmental services. For investors, they are often seen as relatively defensive holdings that can deliver steady cash flows and dividends thanks to long-term contracts and regulatory barriers, though they face risks from fuel and labor costs, commodity prices for recyclables, and changing environmental regulations. These companies had the highest dollar trading volume of any Waste Management stocks within the last several days.

Waste Management (WM)

Waste Management, Inc., through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns and operates transfer stations, as well as owns, develops, and operates landfill facilities that produce landfill gas used as renewable natural gas for generating electricity.

Read Our Latest Research Report on WM

GFL Environmental (GFL)

GFL Environmental Inc. offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers.

Read Our Latest Research Report on GFL

Custom Truck One Source (CTOS)

Custom Truck One Source, Inc. provides specialty equipment rental and sale services to the electric utility transmission and distribution, telecommunications, rail, forestry, waste management, and other infrastructure-related industries in the United States and Canada. The company operates through three segments: Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS).

Read Our Latest Research Report on CTOS

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