WM

Great company. Very similar to Waste Connections, the Canadian Foundational Stock. High returns on capital, excellent operating margins, rock-solid balance sheet and operates in an industry that could have some volatility in terms of commercial waste disposal, but residential will remain sticky regardless of the economy.

I do feel Waste Connections has been the better operator over the long-term and has found more profitable ways to grow via acquisition, but I don't think you can go wrong with either of these as a long-term hold.