WCN Waste Connections Stock decrease

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How come WCN keeps going down in price ? I bought some shares in November after seeing it on the foundational stock list. I bought it around $266 per share. However, it has gone down to $246 now ? Do you think it will recover ? Do you recommend that I keep holding on to this stock for Long term ?

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Asked on January 2, 2025 10:06 pm
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Hey there. I've attached a long-term chart of Waste Connections to give you an idea of how irrelevant short-term movements in stock price are. Over the course of 17 years, you'll see numerous situations where WCN went down 10%,20%, even 30%, but still provided returns of 1520% over that timeframe.

Price movements over the short-term are completely irrelevant, and the focus should be on buying companies and holding them for the long-term, ignoring short-term price volatility.

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Posted by Dan Kent
Answered on January 3, 2025 8:15 am
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amazing
(mike.repluk@gmail.com at January 3, 2025 8:17 am)
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Ok Thank you Dan. I am new to investing and needed to hear this and be more patient
(anmol.davis@gmail.com at January 3, 2025 8:19 am)
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