3 Things to Know Before You Buy Waste Management Stock

The phrase "cash is king" translates easily to "trash is king," particularly for Waste Management (NYSE: WM), now known as just WM. The industrial company is involved in every aspect of waste management, collecting trash and recyclables, transporting them to its landfills and recycling stations, and converting landfill gas into renewable electricity and renewable natural gas (RNG).Its shares have risen less than 2% so far this year, but there are plenty of reasons to invest in the Houston-based company, particularly with the stock trading at less than 28 times forward price to earnings, well below its traditional forward price-to-earnings (P/E) ratio.Here are three reasons to load up on WM stock:Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool