Is Waste Management a Buy?
Trash has been in the news lately, with segments focused on the amount of plastic waste generated by a growing global population, and where that waste ends up.
In North America, a lot of it ends up in trucks and landfills owned and operated by Waste Management (NYSE: WM), the continent's largest trash hauler and landfill operator. Waste Management is the top dog in the trash and recycling industry, adding more than 117,000 tons of trash to its 252 landfills in 2018. That leaves competitors like Republic Services (NYSE: RSG) in the dust.
So business is booming for Waste Management. But is the stock a buy?
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