Jim Cramer’s Thoughts on These 7 Stocks

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

Number of Hedge Fund Holders: 54

Cramer likes Waste Management, Inc. (NYSE:WM) and expressed approval of the company’s CEO.

“I like Waste Management very much. I think it’s an absolutely terrific stock. I think Jim Fish is a remarkable CEO and the answer is absolutely yes, I would start a position right now.”

Waste Management (NYSE:WM) provides a range of environmental services, including waste collection, recycling, landfill management, and renewable energy generation from landfill gas. It also offers materials processing, recycling brokerage, and various construction and remediation services. Cramer has been a fan of the stock for years now. In 2020, he commented:

“This stock’s been getting killed. It’s gotten downgrade after downgrade after downgrade. Down five today. [CEO] Jim Fish does a great job. It’s got a ton of cash flow. Yields 2%. … Buy small and then buy big as it goes down.”

Since then, the stock has gained more than 80% and it currently has a dividend yield of 1.43%.