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Stock impact report

GFL Stock Rose 24% Last Month: Is It Still a Buy in July? [Yahoo! Finance Canada]

Bank Of Montreal (BMO) 
Last bank of montreal earnings: 2/25 06:00 am Check Earnings Report
There has been a lot of attention on growth stocks in the tech sector as of late. Well, as of the last year, really. And this attention can cause even some of the best growth stocks out there to fall under the radar. Such was the case for GFL Environmental TSX:GFL ), with shares surging 24% in June alone. So, what happened? And is GFL stock still a buy in July? What happened First, let's go over what happened with GFL stock in the first place. GFL stock saw a significant 24% rise in June 2024 due to several key developments. Firstly, the waste management solutions provider announced a substantial $500 million senior notes offering, aimed at managing and extending its debt, which boosted investor confidence. ADVERTISEMENT Additionally, the company has been involved in several strategic acquisitions and divestitures, enhancing its operational efficiency and market position. GFL stock also increased its quarterly dividend by 10%, which is an attractive proposition for income-f Show less Read more
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