Jim Cramer’s 21 Stock Calls: Micron, Affirm, and the Strength of the Data Center Complex

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

Waste Management, Inc. (NYSE:WM) was among Jim Cramer’s stock calls on Mad Money as he discussed how semiconductor and AI infrastructure stocks are driving the market higher. Calling the stock a “dog” in their portfolio over the last two months, a caller asked whether they should hold, buy more, or sell their position. Cramer replied:

You know, I saw somebody say some negative things about Waste Management today, and it’s been going down pretty consistently for the last like four or five days. I think, rather than just say, it’s time to buy, let me do this: Let me do some work on what they said at the May 7th… conference. Let me do some work about who’s driving the stock lower because someone is, and it’s a… good company. Maybe we should get involved. I will do the work, I promise.

Waste Management, Inc. (NYSE:WM) provides waste and recycling services, including collection, processing, transfer operations, and renewable energy generation from landfill gas. In addition, the company handles regulated waste, secure document destruction, and several industrial and other cleanup services. A caller asked about the stock during the November 18, 2025, episode, and Cramer replied:

Oh my god, you know, when I saw Waste Management, when it dropped precipitously, I said to myself, this thing has to be bought right underneath $200. I’m going to go, and talk to Jeff Marks for the Charitable Trust. And wouldn’t you know it, it lasted for about three days under $200, and then it shot right up. I like the stock.