Why Waste Management Stock Returned 20% in the First Half of 2021

Shares of North American garbage-collection and recycling leader Waste Management (NYSE: WM) returned 19.9% in the first half of 2021 (January through June), according to data from S&P Global Market Intelligence. Catalysts include the company turning in better-than-expected quarterly results and increasing its full-year outlook.

For context, the S&P 500 index returned 15.3% in the first half of the year.

Year to date (July 14) in 2021, Waste Management stock has returned 23.2%, nearly six percentage points better than the broader market's return over this period.

Source Fool.com