Jim Cramer Discussed These 12 Stocks

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

Number of Hedge Fund Holders: 67

Waste Management, Inc. (NYSE:WM) provides environmental services that include waste pickup, recycling, landfill operations, and producing renewable energy from landfill gas. It also handles materials processing, recycling brokerage, and offers construction and remediation services. Mentioning the company, Cramer said, “Utility, Verizon, perfect Coca-Cola, Waste Management. Yeah, these are timeless.”

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.”