“Is Waste Management a Safe Dividend Stock to Buy Right Now?”
WM is a buy for its defensive diversification and fair value, but conviction is low due to cost pressures and limited growth.
West Management has informed investors that its revenue forecast for the remainder of this year is lower than expected, and therefore the company has reduced its financial guidance.
However, they still expect a significant expansion in profits. In fact, they have raised their full-year operating margin forecast with improved efficiency resulting in increased cost savings.