Waste Connections Inc. (NYSE:WCN) ranks among the most profitable Canadian Stocks to buy now. On March 13, Wolfe Research began coverage of Waste Connections Inc. (NYSE:WCN) with an Outperform rating and a price target of $199. The firm expects Waste Connections to uphold its margin premium and deliver significant operating margin expansion in the future. This year, the basic solid waste operating margin expansion is on track to reach 100 basis points. Pixabay/Public Domain Meanwhile, on March 11, Berns ...

Waste Connections Appoints Daniel L. Florness to its Board of Directors Mar 18, 2026 4:05 PM Eastern Daylight Time Waste Connections Appoints Daniel L. Florness to its Board of Directors Share TORONTO--(BUSINESS WIRE)--Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections†or the "Company†) today announced that Daniel L. Florness has been appointed to its Board of Directors, effective April 1, 2026. "We are very pleased to welcome Dan to our Board,†said Ronald J. Mittelstaedt, President and Chief E ...

Group 1 - Technology stocks have been performing exceptionally well over the past decade, driven by transformative products that have changed consumer behavior [1] - Many investors have overlooked simpler businesses, such as waste management and staffing uniform providers, which are not as flashy but are essential [2] - Companies in the Consumer Staples sector, like Cintas and Waste Management, have shown steady demand regardless of economic conditions, providing stability against market volatility [3] Group 2 - Cintas (CTAS) has experienced a +780% increase over the last decade, significantly outperforming the S&P 500's +300% gain, with an annualized return of +24.2% [4] - Waste Management (WM) shares have risen by 385% over the past decade, also surpassing the S&P 500's performance, and have shown resilience during market downturns [5] - Both Cintas and Waste Management demonstrate that strong returns can be achieved through consistent and dependable growth in less glamorous sectors [6][7]

Core Viewpoint - Waste Connections Inc. is identified as a strong buy-the-dip stock, with analysts highlighting its differentiated growth strategy and a Buy rating initiated by Stifel with a price target of $221 [1][2]. Company Overview - Waste Connections Inc. operates in solid waste management, providing integrated services such as non-hazardous waste collection, transfer, disposal, and resource recovery, along with specialized services like non-hazardous oilfield waste treatment [4]. Business Structure - Approximately 40% of Waste Connections' business operates under exclusive or franchise contracts, while the remaining 60% serves secondary and rural markets, contributing to its resilient business structure [2]. Financial Performance - The company has demonstrated strong operational performance with a gross profit margin of 42% [2]. Growth Prospects - Stifel expects Waste Connections to achieve mid-7% to 8% free cash flow growth starting from 2028, driven by acquisitions and operational excellence [3]. Shareholder Returns - The company is anticipated to return capital to shareholders through share repurchases, enhancing its investment appeal [3].