Should You Buy Waste Management Inc (WM) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
Waste Management Inc (WM) is a good buy for a beginner investor with a long-term investment strategy and $50,000-$100,000 available. The stock has strong long-term growth potential, positive sentiment from Congress trading data, and a constructive analyst outlook despite recent downgrades. The company's financials show revenue growth, and its resumption of share buybacks supports shareholder value. While the stock is slightly overbought technically, its long-term prospects outweigh short-term technical concerns.
Technical Analysis
The MACD is positive and expanding, indicating bullish momentum. RSI is at 81.863, signaling overbought conditions. Moving averages are converging, suggesting potential consolidation. Key resistance is at 231.577, with support at 216.547. Despite overbought conditions, the overall trend remains positive.
