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TSE:WCN

Waste Connections (WCN.TO)

217.03
-0.51 (0.23%)
as of Jun 19, 2026, 8:00:00 pm Market Open.
191 watching
0
COMMENT
Seriously considering this one. Good fundamentals. A key player in the waste management business.
BUY
For an income trust, it was an excellent model of relatively stable cash flow. When it converts to a corporation in 2011, there will be tax implications. The market is already pricing this in. Reasonable at today's price. 8.3% yield. Some of the recent selloff is in anticipation of a slowdown in the US economy, but longer-term an excellent business to be in.
TOP PICK
Major North American waste management firm. Recession proof. Stock has pulled back because management has stated that they may want to convert to a corporation earlier than 2011 but has said they will continue paying high levels of income. Can't see much downside if they do convert.
BUY
Much of their revenue and bottom line is derived from the US. As the US new home construction market slows, this will affect them. Doesn't expect earnings or cash flow to rebound in 2008. Longer term, it is in a very good business. 8.4% yield should be safe. Not a bad entry point.
WEAK BUY
Operationally it’s been chugging along. They’re not seeing signs of a recession yet. A growth company, should be a regular corporation. It’s reasonably priced, good entry point. The 8% yield is safe for the time being. Could see a little more downside in the stock.
BUY
Waste management. A sector that is very steady through all cycles. Trading in line or slight discount to some of the US competition and there are some concerns on consolidation but they have done a great job of making acquisitions in the US. Very good management team that is able to grow its business and distributions over time.
PAST TOP PICK
(A Top Pick Nov 10/06. Up 5.8% including distributions.) Waste management. Still likes. A relatively recession resistant business. Low payout ratio.
PAST TOP PICK
(A Top Pick Feb 23/07. Down 3.4% including distributions.) One of the premier waste management companies in North America. Industry leading margins. Good entry point.
COMMENT
As the 2011 tax changes come near, investors will be pricing this in. This company is a good model for an income trust. What has been hurting them is that they have a lot of operations in the US and the stronger Cdn$ has had a negative impact. He is starting to look at this at these levels. Yield of about 7.5%.
BUY
This is a good example of a trust that has a lot of flexibility between now and 2011. Made a very good trust and has done very well with a good steady, stable cash flow. One of the more growthy trusts. Feels the distribution is very sustainable.
BUY
Trades at about 8.5 EBITDA basis. 60% of their operations is in the US. Feels that in 2011 their taxes will be up from about 11% to about 22%. Organic growth has vastly outperformed its US peers. Strong management and conservatively run.
TOP PICK
Waste management. Recession resistant. Very stable operating results. Made an acquisition in the Northeast US, which solidifies their position in the Northeast US.
TOP PICK
Waste management. Operations in Canada and US. Very stable business. Recession proof. Organic growth has been phenomenal.
BUY
Long-term outlook is very good. Great organic growth. A large portion of their business is in the US, so there is currency risk.
PAST TOP PICK
(A Top Pick May 5/06. Up 4.4%.) One of the dominant players in the non-hazardous waste management. Recession resistant. Probably one of the better growth stories in the trust sector.
Showing 181 to 195 of 279 entries