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Waste Management Inc. (WM)
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Waste Connections Inc. (WCN)
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GFL Environmental Inc. subordinate voting shares (GFL)
Q: Hello, what is your opinion of these cos? Are they a BUY at this time? Which one do you prefer and why? Thanks
5i Research Answer:
WM is a solid, steady company that has consistently performed well and created lots of shareholder value. It has a premium valuation but we think this is justified. We would be fine buying.
The other two have similar qualities, though are smaller, and actually more expensive. GFL we think has the best growth potential but it is also very expensive on valuation. We think all are BUYS but we would prefer WM today.