Bill Gates Held This 'Garbage' Stock Since 2008 — And He's Still Buying
Bill Gates’ Cascade Investment fund has been on a major buying spree in this "garbage" stock.
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RBC Capital Maintains Sector Perform on Waste Management, Raises Price Target to $244
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Waste Management (WM) Down 6.5% Since Last Earnings Report: Can It Rebound?
Waste Management reported Q2 2026 earnings that beat EPS estimates ($2.02 vs $1.99) but missed revenue expectations ($6.68B vs $6.71B). The company benefited from strong pricing discipline (5.7% core price increase) and expanded EBITDA margins to 30.9%, though Collection and Disposal volumes declined 1.8%. Despite solid operational performance and strong free cash flow growth of 34.5%, WM stock has declined 6.5% since the earnings report, with analysts trending estimates downward and assigning the stock a Zacks Rank #3 (Hold) rating.
8-K filing — WASTE MANAGEMENT INC (WM)
Filed: 2026-08-26 AccNo: 0001104659-26-101077 Size: 209 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
Bill Gates' Foundation Holds Berkshire Hathaway as Its Top Stock, a Signal of Its Preference for Steady Compounders Over Flashy Tech
The Gates Foundation Trust's $34.4 billion equity portfolio reveals a preference for industrial and consumer stocks over technology companies. With Berkshire Hathaway as its largest holding at $7.4 billion, the foundation also maintains significant positions in Caterpillar, Canadian National Railway, Waste Management, and Deere. This strategy demonstrates that solid long-term returns can be achieved through steady compounders rather than volatile tech stocks, while still benefiting from trends like AI-driven data center construction.