According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best waste management stocks to buy right now are:
1. Montrose Environmental Group (NYSE:MEG)
The Component Grade breakdown for Montrose Environmental Group (NYSE:MEG) is: Value: C, Growth: A, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: A.
Montrose Environmental Group (NYSE:MEG) has a Due Diligence Score of 18, which is -6 points lower than the waste management industry average of 24. Although this number is below the industry average, our proven quant model rates MEG as a "B".
MEG passed 6 out of 33 due diligence checks and has weak fundamentals. Montrose Environmental Group has seen its stock lose -4.52% over the past year, overperforming other waste management stocks by 9 percentage points.
Montrose Environmental Group has an average 1 year
price target of $31.00, a downside of -0.19% from Montrose Environmental Group's current stock price of $31.06.
Montrose Environmental Group stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Montrose Environmental Group, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Waste Management (NYSE:WM)
Waste Management (NYSE:WM) is the #2 top waste management stock out of 20 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year.
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The Component Grade breakdown for Waste Management (NYSE:WM) is: Value: B, Growth: C, Momentum: C, Sentiment: D, Safety: C, Financials: C, and AI: B.
Waste Management (NYSE:WM) has a Due Diligence Score of 40, which is 16 points higher than the waste management industry average of 24.
WM passed 14 out of 38 due diligence checks and has average fundamentals. Waste Management has seen its stock return 7.87% over the past year, overperforming other waste management stocks by 21 percentage points.
Waste Management has an average 1 year
price target of $259.08, an upside of 14.44% from Waste Management's current stock price of $226.39.
Waste Management stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Waste Management, 33.33% have issued a Strong Buy rating, 25% have issued a Buy, 41.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Clean Harbors (NYSE:CLH)
Clean Harbors (NYSE:CLH) is the #3 top waste management stock out of 20 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year.
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The Component Grade breakdown for Clean Harbors (NYSE:CLH) is: Value: B, Growth: D, Momentum: C, Sentiment: C, Safety: B, Financials: B, and AI: B.
Clean Harbors (NYSE:CLH) has a Due Diligence Score of 32, which is 8 points higher than the waste management industry average of 24.
CLH passed 10 out of 33 due diligence checks and has average fundamentals. Clean Harbors has seen its stock return 0.06% over the past year, overperforming other waste management stocks by 13 percentage points.
Clean Harbors has an average 1 year
price target of $253.00, an upside of 4.45% from Clean Harbors's current stock price of $242.21.
Clean Harbors stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Clean Harbors, 25% have issued a Strong Buy rating, 50% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.