Jun. 4 at 1:51 PM
Waste Management
$WM is quietly trading below its 5-year average forward P/E… in a market obsessed with AI multiples, that stands out more than most people realize.
This is one of those “boring but powerful” names—defensive cash flows, pricing power, and steady demand that doesn’t care about cycles. No hype, no story explosion, just consistent execution.
What makes it interesting is exactly that contrast: capital is chasing high-beta AI narratives while something this stable gets re-rated or ignored.
I’m not rushing anything, but I’m watching closely for a cleaner entry zone. Quality at a discount tends to matter… eventually.
Follow me 👉@ChipDistribution7 for real-time updates and everything. Let’s make moves!