Cramer Highly Optimistic About Waste Management (WM)

Cramer said he likes Waste Management (NYSE: WM), not just because it is the largest garbage collection and disposal company in the US, but also due to its exposure to the natural gas sector. WM has the country's largest fleet of vehicles that run on natural gas and Jim believes that 2.3 million jobs could easily be created if other companies follow this company’s example.

WM also has exposure to alternative fuels as it develops power from decomposing garbage through its landfill-to-fuel technology. Apart from producing energy for 400,000 homes every day, this technology can reduce the demand for coal by 2 million tons per annum. While praising Waste Management for its efficiency in saving cash, Cramer expressed his optimism regarding the stock going forward.

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