Waste Connections Inc. (NYSE:WCN) is considered one of the best buy-the-dip stocks by analysts. Stifel gave the stock a Buy rating and a $221 price target on September 29, impressed by its growth strategy and potential. The company operates under exclusive contracts and has a solid 42% gross profit margin.

The research firm expects Waste Connections Inc. to deliver mid-7% to 8% free cash flow growth from 2028 onwards. Acquisitions and operational excellence are expected to drive the investment thesis. The company also plans to return capital to shareholders through share repurchases.

Waste Connections Inc. is a solid waste management company that provides integrated services like waste collection, disposal, and resource recovery. It also offers specialized services such as oilfield waste treatment and container transport in the Pacific Northwest. The company operates in both rural and secondary markets.

While Waste Connections Inc. shows investment potential, some AI stocks may offer greater upside with less downside risk. Investors seeking undervalued AI stocks can explore options that benefit from Trump-era tariffs and the onshoring trend for potential growth.

Read more at Yahoo Finance: Stifel Initiates Waste Connections Inc. (WCN) Coverage with ‘Buy’ Rating Impressed by Growth Prospects