Why Waste Management (WM) is a Top Momentum Stock for the Long-Term

Company Overview - Waste Management Inc. is a leading provider of comprehensive waste management services in North America, offering collection, transfer, recycling, resource recovery, and disposal services to various customer segments [11] - The company is also a prominent developer, operator, and owner of waste-to-energy and landfill gas-to-energy facilities in the United States [11] Investment Ratings - Waste Management is currently rated 3 (Hold) on the Zacks Rank, indicating a neutral outlook [12] - The company has a VGM Score of B, suggesting it has attractive value, growth, and momentum characteristics [12] Performance Metrics - Waste Management has a Momentum Style Score of A, with shares increasing by 3.2% over the past four weeks [12] - Six analysts have revised their earnings estimates upwards for fiscal 2024, with the Zacks Consensus Estimate rising by $0.06 to $7.28 per share [12] - The company boasts an average earnings surprise of 8.6%, indicating a history of exceeding earnings expectations [12] Investment Consideration - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, Waste Management is recommended for investors' consideration [13]