The company is the leader in the U.S. trash market, with 29% of the entire country's landfill volume under its control. As of December, it operated 255 solid waste landfills, five secure hazardous waste landfills and 340 transfer stations (in addition to providing commodity recycling services). If you run a scan for stocks in this market that are continuing to post sales growth and have free cash flow, you'll see that Waste Management currently ranks in the top 10. This could make it a bargain that also provides safety in today's market environment. YOUR ACTION PLANWith Waste Management (NYSE: WM) shares down 6.8% this year, right now could be a great time to add the company to your portfolio. Even if we slip into a recession, Waste Management is one of very few outfits posting sales growth while having free cash flow - which makes it an ultimate "safe haven" play right now. For more picks like this one, and an insane 83% guaranteed winning rate, join Trade of the Day Plus today! |
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