Filed under: Stocks to Buy, Waste Management Inc. (WMI)
Europe, the U.S., and then probably the rest of the developing world, will transition to a low-waste world, and then eventually, to a zero-waste world. And in America, that means good things for Waste Management (WM), which I first wrote about on March 25, 2009 at a price of $25.74.
This winter, WM pushed higher, to about $39, and I obviously still like the shares here.
Waste Management, a promising recycler, has the right business model at the right time. As noted, the percent of businesses and citizens who recycle is likely to continue to rise — as the value of just about every resource, scrap, and waste product rises, and as communities transition from ‘low-waste’ to ‘no-waste’ policies.
Continue reading Is Waste Management Headed to $45 and Beyond?
Is Waste Management Headed to $45 and Beyond? originally appeared on BloggingStocks on Tue, 22 Feb 2011 14:00:00 EST. Please see our terms for use of feeds.
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