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Here's Why Waste Management (WM) is a Strong Growth Stock


Published on 2024-12-05 16:01:48 - MSN
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The article from MSN Money discusses why Waste Management, Inc. (WM) is considered a strong growth stock. It highlights several key factors supporting this view: Waste Management has shown a robust historical EPS growth rate of 11.1% and is expected to grow its EPS by 11.9% this year, significantly outperforming the industry average. The company also demonstrates strong cash flow growth, with a year-over-year increase of 11.2%, which is higher than the industry average. Additionally, Waste Management has a positive trend in earnings estimate revisions, with the Zacks Consensus Estimate for the current year increasing by 0.3% over the last month. These elements, combined with Waste Management's strategic positioning in the waste management industry, which is essential and recession-resistant, underline its potential as a growth stock. The article also notes that Waste Management holds a Growth Score of B and a Zacks Rank #2 (Buy), further affirming its growth prospects.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/topstocks/here-s-why-waste-management-wm-is-a-strong-growth-stock/ar-AA1vkNyc ]
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