#6 - Waste Management (NYSE:WM)
For many investors, Waste Management Inc. (NYSE: WM) may simply be the company that collects trash and/or recycling. But the convergence of environment and waste reduction is a theme that makes trash big business.
Waste Management is a leader in recycling and waste reduction, which promotes the circular economy. The company is also a leader in generating clean energy from landfill gas. These initiatives promote the use of renewable energy while helping to mitigate the impact of climate change.
Waste Management plays a critical role in addressing environmental, social, and economic challenges. And it does all this with the goal of creating a more sustainable future.
And WM stock has been one of the top-performing stocks over the last five years delivering a total return of approximately 140%. That includes a dividend that has increased for 22 consecutive years and yields around 1.5%.
About Waste Management
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.
More about Waste Management- Current Price
- $233.00
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 13 Buy Ratings, 9 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $243.29 (4.4% Upside)
