5 Best Stocks to Buy According to Billionaire Bill Gates

2. Waste Management Inc (NYSE:WM)

Bill & Melinda Gates Foundation Trust Equity Stake: $6.4 Billion

Number of Hedge Fund Holders: 61

Stock Upside Potential: 21.31%

Waste Management Inc (NYSE:WM) is one of the best stocks to buy according to billionaire Bill Gates.

On May 13, Waste Management Inc (NYSE:WM) named Tara Hemmer as its new chief operating officer (COO). With this appointment, the company is betting on a longtime insider to oversee its operating platform. Hemmer has been with Waste Management since 1999, rising through the ranks to various leadership roles.

Before the latest appointment, Hemmer has been serving as Waste Management’s chief sustainability officer. In this position, she leads the company’s recycling and renewable energy businesses.

Waste Management has added 37 recycling facilities and 14 renewable natural gas sites to its network in the five years that Hemmer has been at the helm of the sustainability division. Hemmer will continue to lead the sustainability division even as she takes the COO role.

Notably, the COO appointment comes as Waste Management continues to add capacity in growing markets. During Q1 2026, the company completed three recycling facilities to add 300,000 tons of processing capacity. Recycling, renewable energy, and medical waste processing are some of the markets in which the company has made strategic investments and sees huge opportunities.

Waste Management Inc (NYSE:WM) provides waste management services across the US and Canada. Its operations cover waste collection, landfill disposal, recycling, and hazardous waste processing. The company also operates a renewable energy business.