Waste Management Inc (WM): Today's Featured Materials & Construction Winner

Waste Management Inc (WM) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day up 1.7%. By the end of trading, Waste Management Inc rose 30 cents (1%) to $31.53 on light volume. Throughout the day, 4.1 million shares of Waste Management Inc exchanged hands as compared to its average daily volume of 5.5 million shares. The stock ranged in a price between $31.38-$31.67 after having opened the day at $31.58 as compared to the previous trading day's close of $31.23. Other companies within the Materials & Construction industry that increased today were: Nobility Homes Inc (NOBH), up 14.8%, Goldfield (GV), up 11.4%, Hovnanian Enterprises Inc (HOV), up 6.9%, and Headwaters Inc (HW), up 6.8%.

Waste Management, Inc., through its subsidiaries, provides waste management services to residential, commercial, industrial, and municipal customers in North America. It offers collection, transfer, recycling, and disposal services. Waste Management Inc has a market cap of $14.41 billion and is part of the industrial goods sector. The company has a P/E ratio of 15.2, equal to the average materials & construction industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 15.3% year to date as of the close of trading on Friday.

TheStreet Ratings rates Waste Management as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

• You can view the full Waste Management Ratings Report.

On the negative front, Guanwei Recycling (GPRC), down 11.1%, Real Goods Solar Inc (RSOL), down 9.3%, Integrated Electrical Services Inc (IESC), down 7.6%, and India Globalization Capital Inc (IGC), down 5.3%, were all losers within the materials & construction industry with Chicago Bridge & Iron Company (CBI) being today's materials & construction industry loser.

• Use our materials & construction section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider SPDR S&P Homebuilders ETF (XHB) while those bearish on the materials & construction industry could consider ProShares Short Basic Materials Fd (SBM).

• Find other investment ideas from our top rated ETFs lists.

For more information on Waste Management Inc click any of the following:

• Waste Management Inc Stock Price

• Waste Management Inc Analyst Ratings

• Waste Management Inc Key Stats & Profile

• Waste Management Inc Earnings

• Waste Management Inc Ratio Comparison

• Waste Management Inc Growth Rates

• Waste Management Inc Balance Sheet

• Waste Management Inc Cash Flow

• Waste Management Inc Income Statement