Clean Harbors, Inc. (NYSE:CLH)

Company

Return, 1998-2007

Jan. 1, 1998 Market Cap

Hansen Natural (Nasdaq: HANS)

21,201%

$16.5 million

Asta Funding

8,252%

$3.1 million

Celgene (Nasdaq: CELG)

6,771%

$129.0 million

Apple (Nasdaq: AAPL)

5,959%

$1.7 billion

Comtech Telecommunications (Nasdaq: CMTL)

4,246%

$11.3 million

Daktronics

3,493%

$23.1 million

Green Mountain Coffee Roasters (Nasdaq: GMCR)

3,455%

$24.7 million

Clean Harbors

3,378%

$15.8 million

Innodata Isogen

3,135%

$3.1 million

Immucor

2,941%

$70.0 million

Data from Capital IQ, a division of Standard & Poor's. Includes only U.S. stocks listed with verifiable stock price histories on major exchanges.

AT A STEADY GROWTH

9.500

The tremendous growth thus seen in the waste management sector is going nowhere even in the face of a recession this summer. Bill Gates sure called this sector a few years ago when he invested gobs of money into it becuase he saw an oppertunity. Well, folks that oppertunity is still there, and I see this entire sector continuing up. The laughable P/E of all of these companies will soon disappear. Time to jump on board if you haven't already.

The company is increasing its incinerator capacity which should spur strong revenue growth. This year's earnings estimates have increased 15 cents to $2.67 over the past two months.

Going green is cool. Clean up the environment AND make money. Fundamentals aside, this stock has sex appeal and been almost recession proof over the last year.

Great sector Huge Growth

It would appear that Clear Harbours would be a great beneficiary of the declining state of the environment, but I believe that investors are already aware of that fact and have priced this stock for perfection. At 18 time earnings, Clear Harbours is priced at 1.5x its growth rate of 12-13%.

This stock attracted my attention because of the clear double top pattern on the charts. Recent rallies haven’t been met with much enthusiasm on the part of investors and the breakdown below $45 suggests their starting to look elsewhere for environmental plays. With the trend shifting towards a bearish biased, I’m putting in my short position here with my price target around $36. I recommend setting a stop around $48.

If you know my investing style, this pick is very obvious.

Expertise in the field is necessary in this age of climate change.

Founded by Alan McKim, who is Chairman and CEO, and owns 15%. Clean Harbors is one of the largest environmental and hazardous waste service companies in the US providing services to 325 of the Fortune 500. It owns and operates 49 facilities. $933 million cap with $69 in cash and $124 million in debt. Net income positive for past three years. ROE above 30%. Interest coverage in mid single digits. Annual growth estimates of 20% for five years, with more than $40-$45 million in owner earnings. Stock is down from $52 in Feb to $48 today on an earnings miss. It’s a bit more risky b/c of some acquisitions, too.

too much too soon

People like clean-up type companies. All it needs is a dividend and work at trimming it's debt level. these would make it a real winner.

nuclear energy waste needs to be disposed of.

Good defensive play if the Bears come out. Great EPS growth. Leader in hazard waste clean up.

Price ahead of fundamentals

ten gov. throws money @ envir. cleanup proj's.

This stock has been will continue to strongly outperform its peers and broad market indices.

Through several acquisitions, including Safety-Kleen's Chemical Services Division (CSD) in September 2002 (which more than doubled its revenue), Clean Harbors has become the leader in hazardous waste disposal facilities.

Lots of crap to clean up and they are expanding well.