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Why Waste Connections (WCN) is a Top Growth Stock for the Long-Term
WCNWaste nections(WCN) ZACKS·2024-09-18 14:50

Company Overview - Waste Connections is an integrated solid waste services company providing non-hazardous waste collection, transfer, disposal, and recycling services across the U.S. and Canada [11] - The company also offers non-hazardous oilfield waste treatment, recovery, and disposal services in active natural resource producing areas, including the Permian, Bakken, and Eagle Ford Basins through its subsidiary R360 Environmental Solutions [11] Investment Potential - Waste Connections has a Zacks Rank of 3 (Hold) and a VGM Score of B, indicating a solid position in the market [12] - The company is considered a top pick for growth investors, with a Growth Style Score of B, forecasting year-over-year earnings growth of 15.5% for the current fiscal year [12] - Nine analysts have revised their earnings estimates upwards in the last 60 days for fiscal 2024, with the Zacks Consensus Estimate increasing by 0.01to0.01 to 4.84 per share [12] - Waste Connections boasts an average earnings surprise of 3.1%, suggesting potential for positive performance [12] Conclusion - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Waste Connections should be on investors' short lists for potential investment opportunities [13]