Stable Stars: Walmart and WM Shine in Turbulent Times

Two stalwart companies that could be worth holding onto for decades are Walmart (WMT) and WM, formerly known as Waste Management. Both businesses operate in sectors that remain relatively stable, regardless of economic conditions.

Walmart's size has been a significant advantage during tough times, but the company has undergone significant improvements in recent years. In Q2 fiscal 2027, revenue increased by 5.9% year over year to $187.9 billion. Global e-commerce sales jumped 23%, while adjusted operating income rose 17.4% on a constant-currency basis.

Walmart's diversified business model has helped the company grow profits faster than sales. Management raised its full-year outlook, expecting net sales to increase by 4% to 5% and adjusted operating income to rise by 7% to 8.5%. The company also benefits from a value proposition that becomes more attractive during economic downturns.

WM, on the other hand, has transformed trash collection into a profitable business. Q2 revenue increased by 4% year over year to $6.68 billion, while operating earnings before interest, taxes, depreciation, and amortization (EBITDA) reached $2.03 billion. Free cash flow jumped 34.5% to $1.1 billion.

WM has an impressive dividend record, with a 14.5% increase in 2026 marking its 23rd consecutive annual rise. The company also authorized $3 billion in share repurchases and is expanding beyond traditional trash collection through investments in recycling automation and renewable natural gas.