Waste Management (WM) got some high-profile face time on Sunday following the Super Bowl when it was featured in a new TV show that puts C-level executives in their companies' entry-level jobs. But while consumers got a look at Waste Management's business, the real news for investors comes on Feb. 16, when the $15.7 billion company releases its fourth quarter numbers to the public. Good earnings could shake out the shorts, who've currently pressed the stock to a short ratio of 11.74.
The biggest black cloud on Waste Management's radar right now is its more than $8 billion debt load. But with strong cash flows and recession-resistant sales, the company's ability to meet its obligations shouldn't fall into question. A 3.62% dividend yield makes the company an even sweeter deal for investors right now.
One fund that's taken advantage of Waste Management's performance is the Delaware Large-Cap Value Fund (DELDX), which holds stakes in CVS Caremark (CVS) and Motorola (MOT) in addition to Waste Management.
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