Waste Management's most recent trend suggests a bullish bias. One trading opportunity on Waste Management is a Bull Put Spread using a strike $105.00 short put and a strike $95.00 long put offers a potential 5.26% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $105.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $9.50 would be incurred if the stock dropped below the $95.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Waste Management is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Waste Management is bullish.
The RSI indicator is at 73.39 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Waste Management
Why This Trash Stock Can Beat the Market
Wed, 03 Jun 2020 11:11:00 +0000
Waste Management (NYSE: WM) is a resilient business, providing essential services by disposing of our kitchen grease and recycling our junk. Unlike many rival waste companies, its strategy of investing in people and green technology prepares the company for continued strong results in both its business and its share price. In early May, CEO Jim Fish withdrew the company's guidance,citing increased costs from its COVID-19 response and declining commercial revenue — especially among endangered small businesses.
Now's the Time to Buy These Stocks
Tue, 02 Jun 2020 12:04:00 +0000
These top picks have low prices and good prospects to outperform the broader market over the long term.
Hedge Funds Picking Up Some Waste Management, Inc. (WM) Shares
Mon, 01 Jun 2020 14:05:49 +0000
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]
AM Best Affirms Credit Ratings of National Guaranty Insurance Company of Vermont
Fri, 29 May 2020 16:39:00 +0000
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of National Guaranty Insurance Company of Vermont (NGIC) (Burlington, VT). The outlook of these Credit Ratings (ratings) remains stable.
Edited Transcript of WM earnings conference call or presentation 6-May-20 2:00pm GMT
Sat, 23 May 2020 21:36:20 +0000
Q1 2020 Waste Management Inc Earnings Call
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