Not sure a split is good. When you have 25 apples and cut them in half you have 50 pieces but still 25 apples. Same goes with a stock split, means dividend gets split down. In the end unless there is tremendous growth it's not worth it. Now if it could split and the share price can rise back to this level in a year that's worth it.
You are a complete moron. Buy and hold works really well when I bought most of my position of WM in August of 2011. With compounding of dividends and share value rising my position is up 75%. Buy and hold is paying off.
The markets will most likely collapse sometime this year…Are you prepared? Google Lion Stock
Alerts, they only alert short term trades that work in any market…Do this now before it’s too
I can't believe it...I was going to post that very thought! Perfect timing too and @ $60 for a 3 for 2 split would be perfect after 25 years of trading. WM's first split!
What would be the purpose, the better question is how do they deal with lo commodity prices. Glass is worthless, plastic and paper are nearly so. only metal recycling is profitable.
Totally agree icdcweb. WM is getting a bit extended, and making new highs daily.
I want to add some stock, and would prefer to buy under $55.
Stock is a bit ahead of itself right now. Look for a pullback to the $55. A healthy pullback is needed in my opinion. But a great company and one you want to own for 2016 and beyond!
stock buybacks never a good idea if you can't grow the business then pay special cash dividends
WM is required by contract to roll back their fuel charges when gasoline drops below the contract price and that is why there are revenue misses that mean nothing other than they are not collecting as much for fuel surcharges but they are not paying as much for gasoline and diesel so the earnings benefit.
This will roll back to 51. Nice stable company, not going anywhere but really for now the long term trend is a slow gradual slide down. Plenty of stupid asset managers think they are safe with this one which makes it a crowded trade.