Waste Management (WM): Waste and Recycling Demand Grows

Waste Management, Inc. (WM) is North America's leading provider of comprehensive waste and environmental services. The company offers collection, recycling, and disposal solutions to residential, commercial, and industrial customers. With a growing focus on sustainability, WM is expanding its recycling capabilities and investing in renewable energy through landfill gas-to-energy projects. Its steady cash flow, essential services, and commitment to green innovation make it a resilient and long-term growth stock.

From a technical perspective, WM is trading above the 0.236 Fibonacci retracement level, keeping it within the momentum zone. The stock is pressing against recent highs, a sign of underlying strength, and could be setting up for a breakout if buyers remain active and volume continues to build.