Cramer’s Favorite Toxic Waste Pick

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By Douglas A. McIntyre Updated Published
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Tonight Jim Cramer on CNBC’s MAD MONEY said he loves garbage and waste, because we can’t stop producing waste. 

His top pick in the sector on November 11 was Stericycle (SRCL) that is up 20% since then, but it is still his favorite.  He said they have the medical waste arena and they have been acquiring mom and pop medical waste companies around the US.  It is the only national player in medical waste and they are the best capitalized of all the medical waste companies.  Cramer likes the long-term contracts in place that keep it from having much earnings risks and the aging population will mean only more medical waste at each facility.  It has 20% share in the US and only 7% in international, but the regulation in the sector is keeping the other competitors out.

His first waste management that he started discussing was in toxic waste: American Ecology (ECOL) he likes becaause of radioactive and toxic waste. ECOL ran 4% after Cramer noted it. Here are his full notes.

Cramer said in a call-in that the big traditional waste company like Waste Management (WMI) trade more like a cyclical sector now.  Cramer also said in a call-in that he has been wanting to and been waiting to Ecolab (ECL), but it has never given any sort of pullback that made the valuations worthwhile to get in (he wants a big drop in it to be able to buy it).

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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