Waste Management Inc is the USA’s number 1 waste disposal company and together with two competitors owns 2/3 of the landfills in America. WMI is in a favorable position because it makes money by charging other trash haulers roughly 40 percent of total costs to use the landfills. The company is increasing their share of the landfills by investing heavily in more land WMI is getting green by trying to convert the trash from the landfills into fuel. They are the second largest company in this arena and have started to use solar panels to reduce power usage at their landfills TheStockAdvisors.com rated this stock a buy with a 45 dollar price target.

Note that I’m not that thrilled about margins and net income growth as they have seemed to taper off. However, some of this is due to the r&d involved in their energy conversion segment.

Technically speaking, this one is unarguably bullish and without much downside. The range is quite narrow with a steady upward trend supported by high volume buying. This small dip may be a good opportunity to get in before it starts to trend to overbought levels. This stock is for low risk buyers.

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