Jim Cramer Says Waste Management Earnings Reflect Economic Health

Waste Management, Inc. (NYSE:WM) is one of the stocks Jim Cramer recently talked about. Cramer was quite positive on the company’s earnings as he said:

“Last night, we got an excellent quarter from WM, the garbage disposal operation/provider of comprehensive environmental solutions, formerly known as Waste Management. This company delivered a healthy top and bottom line beat, driven by strength in the core business, along with mostly positive guidance. That’s why the stock jumped more than 3% today… This one’s important because the garbage business can actually give you a great read on the economy.”

Waste Management (NYSE:WM) provides waste collection, recycling, and disposal services, including landfill gas-to-energy operations and renewable material processing. The company also delivers specialized waste solutions, compliance services, and secure information destruction. Cramer called the company stock a “super strong buy” in a March episode, as he said:

“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.”

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Disclosure: None. This article is originally published at Insider Monkey.