The gold in other people’s trash
Robert Ross - Senior Equity Analyst, Mauldin Economics

Dear Reader,

On July 11, 2018, I made a bold recommendation.

I recommended my readers buy a trash-hauling company called Waste Management (WM).

Why was that a bold recommendation?

Because Waste Management is already the clear leader in its industry. It’s a $48-billion company while its closest competitor is a $27.7-billion company.

So, many analysts thought that its shares were already at a premium.

I hate to sound crass, but…

They were wrong.

What those analysts didn’t understand is that Waste Management is an Any-Weather company.

First, garbage is recession-proof. After all, no matter how bad things get, people still want their trash taken away. So, its shares can and do fare well even when the rest of the market is flat or down.

Second, Waste Management has built an incredible economic moat around itself. It doesn’t just take the trash away, it controls the landfills too. Plus, government regulation makes it tough for new competitors to gain a foothold.

As a result, Waste Management has earned my readers 34.29% since I made the call. During the same time, the S&P has only returned a paltry 3.12%.

In other words, Waste Management outperformed the S&P by a factor of 11 to 1!

Waste Management Chart

Plus, Waste Management delivers a 2% dividend yield.

Two percent may not sound like a lot. But when you couple it with big gains and the safety that only comes with Any-Weather stocks, it was a bargain.

Now, I’m NOT telling you to invest in Waste Management today.

It’s still a great stock, but you missed out on those gains.

Fortunately, I’ve spotted another Any-Weather stock. One that I think might be an even bigger bargain than Waste Management was back in July.

That’s why I’m extending an invitation to you today…

I’m going to reveal to you exactly what this other stock is at my Any-Weather Income Strategy Summit.

I’ll lay out all my research and give you the name and ticker symbol of the company.

There’s no charge to get this information. Attendance at the Summit is free.

That said, seats are limited. So, I invite you to reserve yours now.

Hope to see you there!

Robert Ross

Robert Ross
Senior Equity Analyst

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