not vested
Set-It-and-Forget-It Stocks to Buy: Waste Management (WM)
They say the only certainties in life are death and taxes, but that’s not quite a complete list.
As long as you’re alive, you’re also going to be throwing rubbish way, which means Waste Management (WM) is as well-positioned for a bright future as any funeral home is.
Thing is, the sheer nature of the business — garbage — turns some people off before they even look at the kinds of numbers WM can (and has) put up.
Try some of these numbers on for size: Five straight years of revenue growth, a dividend yield of 3.2%, five straight quarterly earnings beats, a decade’s worth of rising dividends, and finally, earnings growth in the cards after a multiyear growth hiatus.
These are all numbers that apply to Waste Management right now. It’s not sexy in the least, but it may be the safest and smartest of all the stocks to buy in this search for set-it-and-forget-it names.
Source: Investor Place