Waste Management (WM), America’s biggest residential recycler, remains near a 16-year high after pulling back gently to its 10-week moving average. The stock is up almost 4% this year and more than 31% over the past 12 months, easily outperforming the S&P 500. It’s been a steady performer, holding at or above its 10-week line for all but one week since April 2014.