9 Stocks on Jim Cramer’s Radar

5. Waste Management, Inc. (NYSE:WM)

Number of Hedge Fund Holders: 67

When a caller asked if Cramer sees Waste Management, Inc. (NYSE:WM) as a strong buy, he replied:

“No, I think it is a super strong buy, a lifetime, super strong buy. I’m a buyer right here and every time I’ve ever sold that, it has been wrong.”

Waste Management (NYSE:WM) offers a variety of environmental services, such as waste collection, recycling, landfill management, and generating renewable energy from landfill gas. Additionally, it provides materials processing, recycling brokerage, and a range of construction and remediation services. Diamond Hill Capital stated the following regarding Waste Management, Inc. (NYSE:WM) in its Q4 2024 investor letter:

“As valuations have continued rising and the economic cycle has gotten relatively long in the tooth, we’ve thought carefully about where and how we are exposed to more cyclical stocks. As such, we initiated just three new positions in Q4: Berkshire Hathaway, Aon and Waste Management, Inc. (NYSE:WM).

Waste Management is one of the US’s largest providers of waste-collection services. Its leading footprint of landfill assets provides the company with long-term pricing power. Further, Waste Management has invested heavily in recent years in recycling and renewable natural gas projects — which we believe the market is underappreciating given the value these investments will create as the projects wind down and come online.”