Waste Management reported a strong quarter on Wednesday, yet the stock sunk almost 2 percent in response.
Both Jim Cramer and the CEO David Steiner were stunned by the stock's drop, as they couldn't find a single piece of hair on the quarter.
"We don't manage this business for one-day stock moves; we manage it for the long term. So, if we keep producing quarters like we produced today the stock will definitely take care of itself," Steiner said.
Waste Management is the No. 1 garbage disposal company in North America that serves over 21 million customers in the U.S. and Canada. It has 249 landfills and more than 100 materials recovery facilities. Cramer likes to keep this company on his radar to provide clarity on the state of the economy.