Key insights
- The post discusses adding Waste Management (WM) to a portfolio alongside AMZN, KO, BRK.B, JPM, AXP, MSFT, and GOOG. WM is viewed as a stable, long-term investment with a strong moat. While not a high-growth stock, WM's stability and potential for consistent returns could offer a slight positive influence by diversifying into a defensive sector.
I posted a week or two ago that I'm expecting a promotion and will have extra money to divide into an additional stock or two alongside my existing portfolio. (KO, BRK.B, JPM, AXP, MSFT, GOOG).
I've narrowed down AMZN as a definite add once I have additional money for monthly contributions. It's a great company. I've also been considering a few others.
One company that I wasn't aware of that I have started researching is Waste Management. It seems to be the epitome of a boring compounding machine with a big moat. The exact kind of business I like to (think) I look for.
Anyone in on WM? What are people's thoughts?