Jim Cramer’s List of 16 Stocks to Buy Right Now

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

Number of Hedge Fund Holders: 67

Waste Management, Inc. (NYSE:WM) provides environmental and waste disposal services, and benefits from increased construction activity due to its role in servicing community infrastructure projects. Cramer mentioned WM in the same breath as Martin Marietta, noting its gains from the infrastructure buildout and road construction, especially in domestic markets. Here’s what he said:

“For some reason, road building is a big theme among the winners and that means you want to own Martin Marietta Materials. […] as well as WM, that’s the artist formerly known as Waste Management which gets a big boost from construction. […]

[Talking about each company’s strengths] Martin Marietta’s exposure to faster growth areas, while WM does well when more community roads are built. […]

Like the other stocks on this list, you have to love how domestic these companies are i’m thinking the road building plays are working as the money from all of Biden’s infrastructure program is finally being put to work better late than never although I’m sure there are Biden people who question that flip judgment. It’s working right here right now and I think it’s going to continue to do so even if interest rates edge higher because of the housing shortage I would own any of these.”