Most investors don't give waste disposal stocks much attention. While it's not a glamorous sector, it's produced above-average returns over the decades. In particular, Waste Management (NYSE:WM) stock has been a huge winner.Source: rblfmr / Shutterstock.com Over the past 20 years, WM is up more than 500%. Investors would have made nearly 1,000% over the same time span if they reinvested their dividends into more Waste Management shares.The company's appeal has grown with the novel coronavirus. Investors are looking for safe haven plays that are largely insulated from economic shocks. And while trash disposal isn't entirely recession-proof, it holds up pretty well. The company's stock has bounced back quickly from the March shock as investors realized that the core business remains strong.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs if current events weren't exciting enough, Waste Management also has a major acquisition in the works. The company is attempting...
Saturna Capital Corporation is the investment management company of Sextant Mutual Funds. Sextant Mutual Funds recently released Q1 2020 Investor Letter, a copy of which you can download here. The Sextant Growth Fund posted a return of -15.13% for the quarter, outperforming its benchmark, the S&P 500 Index which returned -19.60% in the same quarter. […]...
Grocery chain Kroger Co (NYSE: KR) reported Thursday with first-quarter results that were highlighted by an EPS and same-store sales beat. Here's how the Street reacted.The Kroger Analysts: Wells Fargo analyst Edward Kelly maintains an Overweight rating on Kroger's stock with an unchanged $38 price target.UBS analyst Michael Lasser maintains at Neutral with an unchanged $35 price target.BofA Securities analyst Robert Ohmes maintains at Buy, unchanged $42 price target.Wells Fargo On Kroger's Q1 Kroger's stock sold off following Thursday's report, as investors found fault with the weaker-than-expected second-quarter guidance and concerning "hidden costs" in the business like the pension contribution, Kelly said in a Thursday note.Some investors seem to have concluded that Kroger in its current form "is as good as it gets" for a unionized and structurally challenged grocery chain, the analyst said. The print had multiple highlights that support a bullish stance, he said: 1\. A mid-teens quarter-to-date identical...
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]...
