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Waste Management (WM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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The latest trading day saw Waste Management (WM) settling at $229.3, representing a +1.46% change from its previous close.
In an era when artificial intelligence (AI) and quantum computing stocks are generating more hype than ever, it is easy to overlook reliable compounders with wide moats. One of my personal favorites is North America's largest trash and recycling juggernaut, Waste Management (WM -0.04%).
ARLINGTON, MA — The town entered into a contract with a new waste collection company earlier this week. In May, Town Manager Jim Feeney announced that the town had reached an agreement with Waste Management to be Arlington’s new waste hauler. New 65-gallon trash and recycling receptacles arrived at residents’ homes in June to allow for the new automatic pickup system, as opposed to a previous manual system. Feeney said WM was the most cost-efficient option for the town. “Over the life of this contract, Arlington is expected to save at least $10 million compared to the manual collection program we use today,” Feeney said. “It is also anticipated there will be cleaner streets because all carts will have lids.” The town is instructing residents to leave their bins three feet away from the curb and three feet from each other when being put out for pickup. However, some community members have said that the transition has not been the smoothest. Resident Alex Townsend said that
Shares of Waste Management Inc. (NYSE: WM) have retreated from a $242.58 all-time high and are down 7.7% from a month ago.
In the latest trading session, Waste Management (WM) closed at $223.39, marking a -2.36% move from the previous day.
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