We recently published 13 Stocks That Jim Cramer Recently Talked About. Waste Management, Inc. (NYSE:WM) is one of the stocks Jim Cramer recently discussed.
Waste Management, Inc. (NYSE:WM) is one of the biggest waste collection and disposal companies in America. Its shares have gained 15.9% year-to-date as they have recovered all losses in April after the tariff announcements. Waste Management, Inc. (NYSE:WM)’s stock has benefited from robust earnings reports, with the latest catalyst coming in July after the firm’s second quarter earnings saw it beat analyst revenue and EPS estimates of $6.33 billion and $1.89, by posting $6.43 billion and $1.92. Cramer praised the firm’s CEO:
“Okay, then I’m going to tell you that I think Jim Fish is doing a remarkable job at Waste Management. And that’s one of the reasons why I’m putting him on tonight. Up ten dollars!”
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The CNBC TV host continued to praise Waste Management, Inc. (NYSE:WM) later in the day on Mad Money:
“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.”
While we acknowledge the potential of WM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.