I own Parkland myself. It's a great company. In fact, it was a former Bull List pick that we removed after it ran up in price quite a bit.
Now, the difficulty in a Parkland investment right now comes from the fact that Couche-Tard, one of its main competitors, has dipped in price.
In my eyes, you're likely to see faster growth from a company like Parkland, and it's also trading at a bigger discount than Couche-Tard. However, there is no doubt that Couche-Tard, due to its recent dip, has become an attractive alternative.
They have a much bigger market share and global footprint. I currently own both, which prior to Couche-Tards recent dip I would kind of view as redundant. But, it was simply too cheap for me not to buy up.
Couche-Tard has low single digit sales growth annually over the last 5 years and 20% annual earnings growth over the same timeframe, while Parkland has 20% annual sales growth and 25% annual earnings growth over the same time frame.
So overall, if you're looking for a growth play in the quick service/gas department, Parkland is a solid option. If you're looking for a blue-chip Canadian stock in the same sector that's trading at a historical discount but likely won't grow as much, Couche-Tard is a solid play.