Why Waste Management Stock Jumped Today

The market seems to be growing increasingly optimistic about Waste Management's future. Shares of waste collection and recycling industry leader Waste Management (WM 5.38%) were up 5% as of 1 p.m. ET Tuesday, according to data provided by S&P Global Market Intelligence. In addition to outpacing analysts' expectations for the third quarter, Waste Management's leadership hinted at the likelihood of quickly rising free cash flows (FCF) over the next few years. Waste Management's recent investments could start ...