Is Waste Management Stock a Buy?
Waste Management (NYSE: WM) takes care of the unglamorous job of collecting the trash. It's one of those things that has to be done regardless of what's going on in the world or on Wall Street. But this fact alone isn't enough to make a stock a buy.
Here are four things to consider before you jump aboard Waste Management.
The coronavirus pandemic turned 2020 into a very difficult year for a lot of companies, but Waste Management's business held up exceptionally well. Its top line fell a scant 1.5%, with adjusted operating EBITDA off by 1.4%. Given the health headwinds, that's pretty solid performance. However, it's worth noting that revenue and adjusted EBITDA were both slightly higher year over year in the fourth quarter, up 5.4% and 1.8%, respectively. So results improved as 2020 progressed.
Source Fool.com
