Why GFL Environmental's Stock Is Suitable as a Conservative Portfolio Addition!
The company recently announced the sale of its Environmental Services segment for $5.6 billion. This transaction will allow the company to reduce debt and initiate stock buybacks.
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The stock of waste management company GFL Environmental (NYSE: GFL) is worth a look, in my opinion. GFL Environmental is a Canadian waste management company that provides environmental services to municipal, commercial, industrial, and institutional customers. The company operates in a profitable industry that remains interesting in any environment. The operational development is hardly dependent on AI, politics, or economic cycles. Historically, stocks in waste management companies are stable growth companies that perform well in most market conditions...
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