Waste Connections: There Are Better Choices

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About: Waste Connections, Inc. (WCN)
by: Josh Arnold
This article is exclusive for subscribers.
Josh Arnold
Long/Short Equity
Summary

WCN is very near its prior highs after a failed breakout.

Shares are trading for huge multiples on earnings estimates for this year and the next couple of years.

There are better choices in the sector.

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Shares of all kinds of companies were completely decimated earlier this year, for obvious reasons. However, some groups held up better than others as the impact from COVID is felt in very different