Investment Q&A

• Waste Connections Inc. (WCN $223.98)
  • $223.98 P/E (TTM): 38.67X Cap: $57.08B
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• GFL Environmental Inc. subordinate voting shares (GFL $55.21)
  • $55.21 P/E (TTM): 5.62X Cap: $19.82B
  • View GFL Profile
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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

Upvote 6

Read Answer Asked by Mike on April 22, 2026

• GFL Environmental Inc. subordinate voting shares (GFL $55.21)
  • $55.21 P/E (TTM): 5.62X Cap: $19.82B
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Q: Is GFL a fair buy at these prices given the investor sentiment? I take the acquisition as a positive

Upvote 3

Read Answer Asked by Keith on April 21, 2026

• GFL Environmental Inc. subordinate voting shares (GFL $55.21)
  • $55.21 P/E (TTM): 5.62X Cap: $19.82B
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Q: Your thoughts on this deal to acquire Secure,would you buy this here and if they are paying for 80% of this with shares ,would you consider this a pretty big bite to digest what do you see this stock doing in the short term(1-3 months)THANKS

Upvote 4

Read Answer Asked by Greg on April 14, 2026

• Secure Waste Infrastructure Corp. (SES $23.31)
  • $23.31 P/E (TTM): 42.18X Cap: $5.08B
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• GFL Environmental Inc. subordinate voting shares (GFL $55.21)
  • $55.21 P/E (TTM): 5.62X Cap: $19.82B
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Q: Hi 5i,
I have 300 shares of SES. It is in my TFSA, so no tax consequences if I sell. What is your opinion of the best option to take? Get shares of GFL, combination of shares and cash, or sell shares . We don’t need the cash but I want a company that has potential to grow.
Thank you for your opinion.

Upvote 2

Read Answer Asked by john on April 14, 2026

• GFL Environmental Inc. subordinate voting shares (GFL $55.21)
  • $55.21 P/E (TTM): 5.62X Cap: $19.82B
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Q: Why the large drop on share value today? Is this a good entry point or wait and see if further drops are around the corner?

Upvote 7

Read Answer Asked by Stephen on April 13, 2026

• GFL Environmental Inc. subordinate voting shares (GFL $55.21)
  • $55.21 P/E (TTM): 5.62X Cap: $19.82B
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Q: What are your thoughts on this latest acquisition and after hitting a 52 week low last week ,and where do you rate this company stock between 1-10 and 10 of course being a table pounder …thanks

Upvote 1

Read Answer Asked by Greg on April 06, 2026

• GFL Environmental Inc. subordinate voting shares (GFL $55.21)
  • $55.21 P/E (TTM): 5.62X Cap: $19.82B
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Q: May I please gave your comments on GFL earnings.

Upvote 1

Read Answer Asked by Margot on February 11, 2026

• Shopify Inc. Class A Subordinate Voting Shares (SHOP $166.06)
  • $166.06 P/E (TTM): 129.88X Cap: $216.56B
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• HIVE Digital Technologies Ltd. (HIVE)
  • Cap: $765M
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• Zoomd Technologies Ltd. (ZOMD $0.54)
  • $0.54 P/E (TTM): 2.47X Cap: $54M
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• GFL Environmental Inc. subordinate voting shares (GFL $55.21)
  • $55.21 P/E (TTM): 5.62X Cap: $19.82B
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• Topicus.com Inc. (TOI $96.27)
  • $96.27 P/E (TTM): 298.29X Cap: $12.47B
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• Cellebrite DI Ltd. (CLBT $12.71)
  • $12.71 Cap: $3.17B
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Q: I currently have HIVE,ZOMD,SHOP,GFL,CLBT and TOI. All are less than 2% weight. Would you be buying any of these stocks today? I am a long term holder and money not needed for 15 years.

Thanks

Upvote 7

Read Answer Asked on February 04, 2026

• Lockheed Martin Corporation (LMT $509.81)
  • $509.81 P/E (TTM): 23.84X Cap: $117.54B
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• Northrop Grumman Corporation (NOC $572.41)
  • $572.41 P/E (TTM): 18.11X Cap: $81.30B
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• Waste Management Inc. (WM $230.31)
  • $230.31 P/E (TTM): 33.93X Cap: $92.79B
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• WSP Global Inc. (WSP $222.98)
  • $222.98 P/E (TTM): 30.22X Cap: $30.05B
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• Comfort Systems USA Inc. (FIX $1,724.14)
  • $1,724.14 P/E (TTM): 59.49X Cap: $60.69B
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• SPX Technologies Inc. (SPXC $211.36)
  • $211.36 P/E (TTM): 43.01X Cap: $10.85B
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• Stantec Inc (STN $89.46)
  • $89.46 P/E (TTM): 29.23X Cap: $10.21B
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• GFL Environmental Inc. subordinate voting shares (GFL $55.21)
  • $55.21 P/E (TTM): 5.62X Cap: $19.82B
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• MDA Space Ltd. (MDA $39.68)
  • $39.68 P/E (TTM): 49.14X Cap: $5.50B
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• Karman Holdings Inc. (KRMN $65.98)
  • $65.98 P/E (TTM): 540.77X Cap: $8.74B
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Q: Can you suggest some stock and ETF's traded on both US and CDN exchanges that employ many blue collar workers that may not be effected by AI implementation. My thinking is that one always needs humans to do "actual" labour like building homes, plumbing & electrical maintenance etc. Does this make sense?

Upvote 9

Read Answer Asked by Ian on January 29, 2026

• GFL Environmental Inc. subordinate voting shares (GFL $55.21)
  • $55.21 P/E (TTM): 5.62X Cap: $19.82B
  • View GFL Profile
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Q: Hello 5i team,
This morning it was reported that GFL is moving it executive headquarters to the US. I wanted to add to it. Are you still bullish on this equity?
Thank You,
Andrew

Upvote 5

Read Answer Asked by Andrew on January 21, 2026

• GFL Environmental Inc. subordinate voting shares (GFL $55.21)
  • $55.21 P/E (TTM): 5.62X Cap: $19.82B
  • View GFL Profile
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Q: Can you explain why GFL CEO compensation is so much more than WCN and WM?

company CEO Annual pay Market CAP
GFL Dovigi $49.2m $15.2 B
WCN Mittelstae $ 7.3m $ 43.1B
WM Fish $17.1m $ 88 B

When would you expect these companies to perform better? Of the three which would you recommend today?

Upvote 1

Read Answer Asked by Kat on January 14, 2026

• GFL Environmental Inc. subordinate voting shares (GFL $55.21)
  • $55.21 P/E (TTM): 5.62X Cap: $19.82B
  • View GFL Profile
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Q: Any reason for the decline in price in GFL? Is this a buy or hold at this price?

Thanks

Upvote 3

Read Answer Asked on December 24, 2025

• Intuit Inc. (INTU $395.08)
  • $395.08 P/E (TTM): 26.05X Cap: $109.25B
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• Union Pacific Corporation (UNP $264.78)
  • $264.78 P/E (TTM): 22.37X Cap: $157.20B
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• Visa Inc. (V $334.86)
  • $334.86 P/E (TTM): 29.04X Cap: $641.59B
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• Toronto-Dominion Bank (The) (TD $142.93)
  • $142.93 P/E (TTM): 11.54X Cap: $238.52B
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• Canadian National Railway Company (CNR $147.91)
  • $147.91 P/E (TTM): 20.76X Cap: $90.34B
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• Fairfax Financial Holdings Limited Subordinate Voting Shares (FFH $2,346.41)
  • $2,346.41 P/E (TTM): 8.14X Cap: $50.32B
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• Fortis Inc. (FTS $76.99)
  • $76.99 P/E (TTM): 22.14X Cap: $39.19B
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• Thomson Reuters Corporation (TRI $127.74)
  • $127.74 P/E (TTM): 26.7X Cap: $56.83B
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• Alimentation Couche-Tard Inc. (ATD $75.81)
  • $75.81 P/E (TTM): 18.98X Cap: $69.63B
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• ServiceNow Inc. (NOW $88.89)
  • $88.89 P/E (TTM): 54.12X Cap: $91.64B
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• Kinsale Capital Group Inc. (KNSL $331.03)
  • $331.03 P/E (TTM): 15.19X Cap: $7.63B
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• GFL Environmental Inc. subordinate voting shares (GFL $55.21)
  • $55.21 P/E (TTM): 5.62X Cap: $19.82B
  • View GFL Profile
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Q: Hello gentlemen: I am looking for companies to top up such that their current PE is near or within its last 10 years average. Which of the above is your Most prefer to least. Feel free to add a few more that isn't mentioned above.
Can you name a few US ones , say 4-5 companies. Thank you

Upvote 18

Read Answer Asked by DAVID on December 08, 2025

• Loblaw Companies Limited (L $62.17)
  • $62.17 P/E (TTM): 11.82X Cap: $72.62B
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• Intact Financial Corporation (IFC $259.85)
  • $259.85 P/E (TTM): 13.91X Cap: $46.41B
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• TMX Group Limited (X $54.37)
  • $54.37 P/E (TTM): 36.58X Cap: $15.12B
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• Alimentation Couche-Tard Inc. (ATD $75.81)
  • $75.81 P/E (TTM): 18.98X Cap: $69.63B
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• GFL Environmental Inc. subordinate voting shares (GFL $55.21)
  • $55.21 P/E (TTM): 5.62X Cap: $19.82B
  • View GFL Profile
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Q: Besides CNR, NWC, TIH, and BN, I'm looking for 5 other quality Canadian companies that have at least somewhat of a moat, and are resistant to AI and other types of disruptions to their businesses. I'm looking for companies that are not technology, banks, pipelines, materials or the other Brookfields. Can you please help? By the way, if you do not agree with the four I've listed, you can also let me know.

Upvote 15

Read Answer Asked by James on November 26, 2025

• Canadian Pacific Kansas City Limited (CP $115.30)
  • $115.30 P/E (TTM): 26.31X Cap: $103.45B
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• Intact Financial Corporation (IFC $259.85)
  • $259.85 P/E (TTM): 13.91X Cap: $46.41B
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• Tourmaline Oil Corp. (TOU $64.58)
  • $64.58 P/E (TTM): 88.51X Cap: $25.07B
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• TMX Group Limited (X $54.37)
  • $54.37 P/E (TTM): 36.58X Cap: $15.12B
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• Thomson Reuters Corporation (TRI $127.74)
  • $127.74 P/E (TTM): 26.7X Cap: $56.83B
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• Alimentation Couche-Tard Inc. (ATD $75.81)
  • $75.81 P/E (TTM): 18.98X Cap: $69.63B
  • View ATD Profile
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• GFL Environmental Inc. subordinate voting shares (GFL $55.21)
  • $55.21 P/E (TTM): 5.62X Cap: $19.82B
  • View GFL Profile
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• A & W Food Services of Canada Inc. (AW $37.11)
  • $37.11 P/E (TTM): 16.17X Cap: $890M
  • View AW Profile
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Q: Good morning, could you please identify 8 "safer" companies you see at or close to the bottom of their trough at this time that have a dividend (% of dividend does not matter)? For example my guess would be CNR which was at $178 in March 2024 and now at $135 with a yield of 2.63% at this price.
Thx,
Kevin

Upvote 16

Read Answer Asked by Kevin on November 09, 2025

• Enbridge Inc. (ENB $73.01)
  • $73.01 P/E (TTM): 22.14X Cap: $159.33B
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• Loblaw Companies Limited (L $62.17)
  • $62.17 P/E (TTM): 11.82X Cap: $72.62B
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• Constellation Software Inc. (CSU $2,444.36)
  • $2,444.36 P/E (TTM): 72.67X Cap: $51.79B
  • View CSU Profile
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  • View Reports on CSU
• Intact Financial Corporation (IFC $259.85)
  • $259.85 P/E (TTM): 13.91X Cap: $46.41B
  • View IFC Profile
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• Metro Inc. (MRU $89.37)
  • $89.37 P/E (TTM): 26.03X Cap: $19.04B
  • View MRU Profile
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• Brookfield Renewable Partners L.P. (BEP.UN $43.92)
  • $43.92 Cap: $29.86B
  • View BEP.UN Profile
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• iShares S&P/TSX Global Gold Index ETF (XGD $52.54)
  • $52.54 P/E (TTM): 24.34X Cap: $3.50B
  • View XGD Profile
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• Sprott Physical Gold Trust Unit (PHYS $34.38)
  • $34.38 P/E (TTM): 24.9X Cap: $13.87B
  • View PHYS Profile
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• GFL Environmental Inc. subordinate voting shares (GFL $55.21)
  • $55.21 P/E (TTM): 5.62X Cap: $19.82B
  • View GFL Profile
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Q: Hi,
Could you illustrate to us all what type of companies/stocks and/or sectors historically have performed the best ( or least worst ) over periods of recession/depression/stagflation and war times? And further, can you provide your top 5-10 CDN stocks that you think would do best in these situations, with at least half of them dividend payers please, if possible. Potential ETF and options strategies would be appreciated as well. Take as many points as you see fit.
cheers and thanks, Chris

Upvote 29

Read Answer Asked by chris on September 11, 2025

• Costco Wholesale Corporation (COST $998.67)
  • $998.67 P/E (TTM): 69.08X Cap: $443.06B
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• Lockheed Martin Corporation (LMT $509.81)
  • $509.81 P/E (TTM): 23.84X Cap: $117.54B
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• Walmart Inc. (WMT $128.01)
  • $128.01 Cap: $1.02T
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• Xcel Energy Inc. (XEL $78.82)
  • $78.82 P/E (TTM): 23.24X Cap: $49.19B
  • View XEL Profile
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• Dollarama Inc. (DOL $170.31)
  • $170.31 P/E (TTM): 35.95X Cap: $46.48B
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• Intact Financial Corporation (IFC $259.85)
  • $259.85 P/E (TTM): 13.91X Cap: $46.41B
  • View IFC Profile
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• iShares S&P/TSX Capped Consumer Staples Index ETF (XST $62.49)
  • $62.49 P/E (TTM): 28.88X Cap: $373M
  • View XST Profile
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• iShares S&P/TSX Capped Utilities Index ETF (XUT $34.67)
  • $34.67 P/E (TTM): 23.29X Cap: $624M
  • View XUT Profile
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• State Street Consumer Staples Select Sector SPDR ETF (XLP $82.92)
  • $82.92 P/E (TTM): 24.94X Cap: $14.64B
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• State Street Health Care Select Sector SPDR ETF (XLV $142.84)
  • $142.84 P/E (TTM): 23.97X Cap: $37.76B
  • View XLV Profile
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• State Street Utilities Select Sector SPDR ETF (XLU $45.68)
  • $45.68 P/E (TTM): 23.28X Cap: $23.87B
  • View XLU Profile
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• Texas Pacific Land Corporation (TPL $439.03)
  • $439.03 P/E (TTM): 61.76X Cap: $30.26B
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• GFL Environmental Inc. subordinate voting shares (GFL $55.21)
  • $55.21 P/E (TTM): 5.62X Cap: $19.82B
  • View GFL Profile
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• RTX Corporation (RTX $172.79)
  • $172.79 P/E (TTM): 32.96X Cap: $232.69B
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Q: Good Day 5i team... thank you for your very valuable time, answers to questions and guidance. My question is, can you list out your top 10 ETF and or Equities you see as insulation/defensible should the over bought North American equity markets begin to slide. Thank you

Upvote 18

Read Answer Asked by Edward on September 02, 2025

• Waste Connections Inc. (WCN $223.98)
  • $223.98 P/E (TTM): 38.67X Cap: $57.08B
  • View WCN Profile
  • View Questions on WCN
• GFL Environmental Inc. subordinate voting shares (GFL $55.21)
  • $55.21 P/E (TTM): 5.62X Cap: $19.82B
  • View GFL Profile
  • View Questions on GFL

Q: Hi Team,

Thoughts on GFLS quarter and which company do you think will have greater earnings growth over the next 10 years?

Thanks,

Upvote 3

Read Answer Asked by Keith on August 07, 2025

• Republic Services Inc. (RSG $208.31)
  • $208.31 P/E (TTM): 30.39X Cap: $64.35B
  • View RSG Profile
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• United Rentals Inc. (URI $952.13)
  • $952.13 P/E (TTM): 24.93X Cap: $59.64B
  • View URI Profile
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• Canadian National Railway Company (CNR $147.91)
  • $147.91 P/E (TTM): 20.76X Cap: $90.34B
  • View CNR Profile
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• Canadian Pacific Kansas City Limited (CP $115.30)
  • $115.30 P/E (TTM): 26.31X Cap: $103.45B
  • View CP Profile
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• WSP Global Inc. (WSP $222.98)
  • $222.98 P/E (TTM): 30.22X Cap: $30.05B
  • View WSP Profile
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  • View Reports on WSP
• Stantec Inc. (STN $122.51)
  • $122.51 P/E (TTM): 29.23X Cap: $13.97B
  • View STN Profile
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• Transdigm Group Incorporated (TDG $1,142.74)
  • $1,142.74 P/E (TTM): 37.13X Cap: $64.53B
  • View TDG Profile
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• Axon Enterprise Inc. (AXON $400.54)
  • $400.54 P/E (TTM): 269.08X Cap: $32.27B
  • View AXON Profile
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• GFL Environmental Inc. subordinate voting shares (GFL $55.21)
  • $55.21 P/E (TTM): 5.62X Cap: $19.82B
  • View GFL Profile
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• Trane Technologies plc (TT $479.37)
  • $479.37 P/E (TTM): 37.04X Cap: $105.99B
  • View TT Profile
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Q: Which industrials in Canada and US are worth buying at the moment?

Upvote 15

Read Answer Asked by Peter on July 14, 2025

• Republic Services Inc. (RSG $208.31)
  • $208.31 P/E (TTM): 30.39X Cap: $64.35B
  • View RSG Profile
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• Waste Management Inc. (WM $230.31)
  • $230.31 P/E (TTM): 33.93X Cap: $92.79B
  • View WM Profile
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• Casella Waste Systems Inc. (CWST $78.11)
  • $78.11 P/E (TTM): 647.92X Cap: $4.96B
  • View CWST Profile
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• Waste Connections Inc. (WCN $223.98)
  • $223.98 P/E (TTM): 38.67X Cap: $57.08B
  • View WCN Profile
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• GFL Environmental Inc. subordinate voting shares (GFL $55.21)
  • $55.21 P/E (TTM): 5.62X Cap: $19.82B
  • View GFL Profile
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Q: Hello folks:
How would you rate RSG as an investment. These waste management systems appear pretty recession proof; are there better examples?
Thanks again for your great service
brian

Upvote 3

Read Answer Asked by Brian on May 30, 2025