Trash to Treasure: Why Waste Management (WM) Deserves Your Investment

[Investing Insights Daily]( November 15th, 2023 SPONSORED AD [The Secret of Infinite Momentum]( What if there was a way to only buy stocks that are going up? Adam O'Dell has found a way. After investing $5 million, his AI-driven Infinite Momentum system has proven across 24 years of data that it has the power to beat the market by 300-to-1. Now we want you to access it. [Click here for full details...]( [Trash to Treasure: Why Waste Management (WM) Deserves Your Investment]( The waste services market is buoyed by the [rising consumer costs for trash collection]( which rose 6.9% for the year. For the third quarter, core prices climbed 6.6%, while garbage collection and disposal volumes increased 0.3%. Amid this, Waste Management, Inc. ([WM]( – [Get Rating]( a pioneer in environmental solutions regarding waste management, reported strong third-quarter results. The company’s revenue improved 2.4% year-over-year to $5.20 billion. Its adjusted EPS came in at $1.63, up 4.5% from the prior-year quarter, topping the analyst estimate of $1.61. Given such robust results, let’s look at the trends of WM’s key financial metrics to understand why investing in the stock might be wise. Analyzing the Steady Financial Growth of Waste Management, Inc. from 2020 to 2023 The data on WM’s trailing-12-month net income shows a steady upward trend from December 2020 to September 2023. Here are the key takeaways: - In December 2020, WM’s net income was at $1.50 billion. Over the course of the next few years, it showed a steady increase. - By the end of the first quarter of 2021 (March 31), the net income rose to $1.56 billion, representing growth over the previous quarter. - The net income continued its upward trend throughout 2021, reaching $1.82 billion by December 31, 2021. Taking into account the first value in December 2020 and the last value in Sep 2023, WM saw a steady ascending trend in net income. The growth rate calculated from the initial value of $1.50 billion to the final value of $2.31 billion marks a significant increase over this period. However… Continue reading at [STOCKNEWS.com]( NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. [Privacy Policy]( | [Terms & Conditions]( This email contains a paid advertisement.This is not a solicitation for the purchase or sale of securities. Readers are encouraged to conduct their own research and due diligence, and/or obtain professional advice, prior to making any investment decision. Advertisements and sponsorships are provided as a service to Stock News users. Stock News is not responsible for their content, services or products. The statements and opinions contained in this advertisement are not those of Stock News, and Stock News disclaims any liability for or arising from such statements and opinions. You are hereby advised that Stock News is receiving a fee as compensation for the distribution of this advertisement. [Click here to unsubscribe]( Copyright © 2023 Investing Insights Daily News, part of StockNews.com - POWR Stock Rating, Market Outlook & Investment Insights Magnifi Communities, 1 Penn Plaza, Suite 3910, New York, NY 10019