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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
HOLD
One of the more solid and well-suited businesses for an income trust. Have a tremendous cost advantage with their landfill site. Growth pattern is probably in the low single digit category. Not as many acquisition prospects for them going forward. Too expensive.
TOP PICK
Waste management. This is a conservative pick. Recession proof. Has a great payout ratio. You'll get a yield of about 6.5% but you can also expect 3/4% growth each year.
TOP PICK
Typically trades at a premium to many of its peers because of its nice combination of a stable core business plus its ability to grow organically. Recession proof. Will be up to pass price increases on. 1st quarter results were better than expected.
TRADE
Went into a merger with a US waste management company which substantially increased their size as well as increasing their exposure to the US$. This put pressure on their payout ratios. Also affected by the higher interest rate which is now behind us.
TOP PICK
(A Top Pick Feb 17/06. Down 2.5%.) Provide non-hazardous waste services. Fundamentally, the story is still on track. There is a bit of US$ exposure here but they have good hedging in place.
BUY ON WEAKNESS
A waste management trust. Market is a little concerned about the rising costs they are facing. Long-term, have an excellent franchise. Sensitive to interest rates.
BUY
Likes.
WEAK BUY
BFI is a high income trust. They have had decent pay out ratio and pretty good margins. Still buying it in his open ended mutual funds as part of the portfolio.
TOP PICK
North America’s largest, non-hazardous waste collection and disposal business. The underlying base business is very suitable as an income trust. Fairly high margins. Made good acquisitions.
BUY ON WEAKNESS
Garbage collection and landfill operation in Canada and the US. Prudent management team. Grows by acquisition. Recession proof. Not cheap right now.
TOP PICK
(A Top Pick Sept 16/05. Down 9%.) A full service waste management company. Provide non-hazardous collection and landfill services both in Canada and the US. A very recession resistant industry. Strong organic growth. Good management. Not a cheap name, but hasn't come back as strong as other business names.
BUY
Waste collection is a good business. There is only a little bit of seasonality. Generates very consistent cash flows. Expanded into the US about a year ago through an acquisition. This company can grow organically or by acquisition. A good long-term hold.
BUY
One of his favourite business trusts. After the government made their announcement on trusts, this one moved from $24 up to $30. Since then, hedge funds have been unloading their positions so the fund is down on the short-term but it should be okay long-term.
TOP PICK
One of the hallmark businesses in the group. A very stable company with a good track record. Likes waste management as its recession resistant. Payout ratio is low at 85. Try to buy on a bit of a dip.
BUY
In the waste disposal business. They are going to consolidate a fragmented industry across North America. Recession resistant. Also have pricing power. Not inexpensive.
Showing 226 to 240 of 279 entries