Is Waste Management Stock Outperforming the Dow?

With a market cap of $97.4 billion, Waste Management, Inc. (WM) is a provider of environmental solutions to residential, commercial, industrial, and municipal customers. The Houston, Texas-based company offers collection services and owns and operates transfer stations as well as landfill gas-to-energy facilities that produce renewable electricity.

Companies valued at $10 billion or more are generally described as “large-cap stocks”, and Waste Management fits this criterion perfectly. The company operates the largest disposal network in North America and leads in the beneficial use of landfill gas, with a growing portfolio of renewable natural gas facilities and the most landfill gas-to-electricity plants in North America. It also boasts the largest heavy-duty natural gas truck fleet in the industry across North America.