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Byline: David Saito-Chung
Waste Connections stumbled after trying to break out of a long base and making fresh highs in late April to early May this year. It's now near the top of a new base.
The Folsom, Calif.-based firm provides solid waste handling and treatment services. While garbage hauling might not sound like a high-growth business, Waste Connection has achieved accelerating earnings per share growth. Over the past four straight quarters, it has risen from 9% to 12% to 16% to 34% to 42%. In past healthy bull markets, many of the brightest stars enjoyed accelerating rates of earnings growth before they ...