Steiner said that he feels Waste Management's current share price is undervalued, and even if the Republic deal doesn't happen, it's still good news for the industry and his company wins. He predicts strong growth and margin expansion to continue, either way.
Final Thoughts
Cramer said he thinks we're near a bottom in the Chinese markets, and that should cause a global stabilization in oil and other commodity prices.
He said that stabilization, along with his target price for oil at $110 a barrel, would be good news for technology, infrastructure and coals stocks, as well as for the banking stocks, which could meant a fresh injection of Chinese capital.
Want more Cramer? Check out Jim's rules and commandments for investing by clicking here.
Read more of Cramer's Mad Money Lightning Round insights.
For "Mad Money" performance statistics and other links, check out Mad Money stats
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,226.94 | 1,093.07 | 2,154.06 | 34.86 |
Oil *
77.65
|
|
UP
203.52
|
UP
23.77
|
UP
41.62
|
DOWN
0.17
|
10 Yr
3.49%
SPDR Gold
108.19
|
|
+2.03%
|
+2.22%
|
+1.97%
|
-0.49%
|
Data delayed 20 minutes |














