I work in trash burner which Waste Management owns about 17 of them through out the USA, Most of them in the north east. Since the strom almost two weeks ago, we have been reciving garbage 4 times the daily avrage and more coming every day. Most of the trash going to WM land fill and the rest going to trash burner which use the trash to make electricity. I bet my bottom dollar that WM will have a very good earning report this quarter.
Is this sustainable. I believe that we will eventually move forward and am collecting the bountiful dividend while I am waiting. We need construction in general to pick up, increase in employment, higher metals prices, higher natural gas prices (electricity sales price is pegged to gas prices) and continued conversion of diesel to ethane trucks, Not a stock to get wealthy over night but over the long pull we should do all right.