Why Waste Hauler Shares Are Popping
When investors watched shares of Waste Management, and Republic Services, jump in early trading Monday, they were probably excited as big moves are rare with these two trash haulers. It turns out the possibility of the two companies spinning off their land and property assets into a real estate investment trust (REIT) ended up being the culprit behind shares popping. In the video below, Motley Fool analysts Blake Bos and Isaac Pino discuss the possibility of such a spin-off. They'll also discuss if now is a good time to invest in these trash superstars, and what the investing thesis is behind the companies.
Waste Management has been a longtime favorite for dividend seekers everywhere, but the share price performance over the last few years has left many investors wanting. If you're wondering whether this dividend dynamo is a buy today, you're invited to check out The Motley Fool's premium research report on the company. Simply click here now for instant access, and as an added bonus you'll receive a full year of FREE updates as key news develops.
The article Why Waste Hauler Shares Are Popping originally appeared on Fool.com.Blake Bos has no position in any stocks mentioned. Isaac Pino has no position in any stocks mentioned. The Motley Fool recommends Republic Services and Waste Management. The Motley Fool owns shares of Waste Management. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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