Stock Recommendations: Potash Corp (POT) & Waste Management (WM)

Potash Corporation of Saskatchewan Inc., stock ticker POT and Waste Management, stock ticker WM, are two of my all-time favorite stocks.

Even though Potash Corporation of Saskatchewan Inc. (POT) only pays a 7 cent quarterly dividend this company is ready for any food shortages which may occur. What is needed in order for crops/plants to grow? Yes, water, but what else...... Fertilizer. Potash Corporation of Saskatchewan Inc. is an integrated fertilizer and related industrial and feed products company. The Company owns and operates five potash mines in Saskatchewan and one in New Brunswick. Just think of how many countries are currently underdeveloped and how over the next century they will attempt to copy the United States middle class way of life. Also, as the world population grows more food will be needed. As the world’s leading potash producer, POT is responsible for about 20% of global potash capacity. That's huge!

Waste Management, Inc. (WM) is a provider of waste management services in North America. Its subsidiaries provide collection, transfer, recycling and disposal services. The Company is also a developer, operator and owner of waste-to-energy and landfill gas-to-energy facilities in the United States. Each and every day WM collects the world's trash. Until the end of time, we will always need our trash picked up. WM has developed many ways to profit from our disposables. Ultimately, my one sole reason to own WM is their dividend yield and strongly believe WM is the type of company which will be around forever. WM currently pay a 34 cent quarterly dividend (4.23% yield). So they not only have brillant ideas about how to profit from collecting trash and using the landfill gas to create energy, but they pay you to own their stock.

I believe stocks like POT and WM provide stability in one's stock portfolio. You can sleep good at night knowing that you invested into companies which are linked to our every day way of life. We all need food to survive and for someone to pick up our junk!