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CIBC Remains Neutral on Waste Management (WM) Amid Focus on Growth Following Stericycle Acquisition  

Representing 15.44% of Bill Gates’s stock portfolio, Waste Management, Inc. (NYSE:WM) is one of his top 15 stock picks.

On October 29, 2025, The Fly reported that CIBC reduced its price target on Waste Management, Inc. (NYSE:WM) from $235 to $231, while keeping a “Neutral” rating. While pointing toward the company’s Q3 2025 results, the investment firm highlighted strong structural tailwinds, while noting that consistent revenue growth will be required to reflect long-term earnings potential from the Stericycle acquisition. The company acquired Stericycle in 2024, which delivers compliance-based solutions that protect people and brands while promoting health, safety, and environmental sustainability.

Meanwhile, Waste Management, Inc. (NYSE:WM) reported its Q3 2025 results just two days earlier. Demonstrating solid momentum in its legacy segment, Collection and Disposal revenue was boosted, thanks to 6% core pricing and steady industrial volumes. At the same time, cost discipline enhanced operating margins by 160 basis points. Despite revenue being hampered by lower recycled commodity prices, free cash flow for the first nine months of the year climbed 13.5% YoY to $2.11 billion.

Looking ahead, Waste Management, Inc. (NYSE:WM) expressed confidence in its full-year guidance for adjusted EBITDA, which is expected to be between $7.475 billion and $7.625 billion. The optimism stems from continued progress in integration at WM Healthcare Solutions.

Waste Management, Inc. (NYSE:WM) serves residential, commercial, and industrial customers by providing waste collection, recycling, and renewable energy services.

While we acknowledge the potential of WM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than WM and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 13 Best Fortune 500 Stocks to Invest in Now and 13 Best Fortune 500 Stocks to Invest in Now.

Disclosure: None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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