Q: Thank you once again for the fabulous service, and thank you to everyone who posts questions. I find I learn a lot and get some good ideas from the collective community.
My Question:
Currently invested in WCN. I'm wondering if I wouldn't be better off to switch to GFL? I'm wondering if maybe there's more of a growth opportunity?
Alternatively, are there any other more growthy non- AI related companies you could suggest for a long term hold? (We currently very happily own WSP and BN)
Thank you,
Mike
My Question:
Currently invested in WCN. I'm wondering if I wouldn't be better off to switch to GFL? I'm wondering if maybe there's more of a growth opportunity?
Alternatively, are there any other more growthy non- AI related companies you could suggest for a long term hold? (We currently very happily own WSP and BN)
Thank you,
Mike
5i Research Answer:
Some other growthy non-AI companies could be: PNG, TFII (cyclical recovery), GRID, ATS. We think all of these might do better than the waste management companies, but of course have different size, valuation and risk profiles. WCN is larger than GFL, but with the SES acquisition we do think GFL has the potential to grow faster over the next couple of years. We do not generally like "switching" but with WCN down 21% in the past year there may be some tax advantages here which makes a potential switch more amenable.