Fundamentally WM stock is proven to be resistant to recession. I have a position on the stock as a hedge against uncertainty it makes up about 15% of my portfolio as of this writing. I am looking to buy more at lower prices since I bought at a premium a couple weeks ago. I will try and hold indefinitely as the other growth stocks I have chosen continue to grow I don't expect much from this boring stock but it makes me feel better to have it in my portfolio than it does not to. The range of the intrinsic value is between $170 - $620.
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