Due to a combination of strong financial performance and operations within a durable, defensive industry, Waste Management (WM) has attracted a lot of investors' attention. While the company possesses many desirable attributes, its valuation seems to be somewhat out of sync with the mature life stage of both the firm and the industry. In a very turbulent year for stocks, where the S&P 500 (SPX) is down about 15% year-to-date, WM stock has charted its own course. Seen widely as a defensive play in a turbulent market, the stock is slightly up on the year.
https://www.tipranks.com/news/article/is-waste-management-nysewm-stock-overvalued?utm_source=advfn.com&utm_medium=referral
Waste Management (NYSE:WM)
Historical Stock Chart
Von Okt 2022 bis Nov 2022 Click Here for more Waste Management Charts.
Waste Management (NYSE:WM)
Historical Stock Chart
Von Nov 2021 bis Nov 2022 Click Here for more Waste Management Charts.