After Warren Buffett shocked the world with his Heinz buyout, investors everywhere are wondering the same thing: What's next? He's made it clear that his elephant gun is still loaded and Berkshire Hathaway still has a lot of cash to sport.
In the following video, Jeremy Phillips and Austin Smith talk about one company that could fit well into his wheelhouse: Waste Management (WM +0.98%). The company has several typical Buffett traits, including a wide moat, a great dividend, and reliable free cash flow generation. Though Waste Management never appears cheap by traditional metrics, Buffett's leverage could mean a sweeter deal than most retail investors could muster.
Even if the company isn't a buyout target, investors could still do well owning shares of Waste Management outright.
