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Barchart
Barchart
Kritika Sarmah

Waste Management Stock: Is Wall Street Bullish or Bearish?

Waste Management WM

With a market cap of $87.4 billion, Waste Management, Inc. (WM) is North America’s largest provider of waste collection, recycling, and environmental services. Headquartered in Houston, Texas, the company serves residential, commercial, industrial, and municipal customers across the United States and Canada.

Shares of the company have lagged behind the broader market over the past 52 weeks. WM stock has declined 2.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 26.5%. Moreover, shares of the company are down 1.5% on a YTD basis, compared to SPX’s 8.8% gain.

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