Heritage-Crystal Clean (HCCI)
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Good fundamentals, low debt, good P/E for the industry, respectable growth and a broad market presence. Growing business is likely due to increased enviromental regulation that is inevitable with the current political climate.
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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.
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over the last 30 days....this has been rising
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Today everyone is wanting to get into the clean stream of life. Everyone wants a cleaner life and a cleaner world to live in.
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This stock seems to be on a steady increase and should continue that streak.
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A recent ipo that caught my interest with these quick impressions.
Specializes in hazardous waste clean up. Their clients consist of companies that prefer to outsource their chemical cleaning waste problems. Clients have the advantage of being able to prove they are complying with regulations regarding clean up.
It's one of those dirty jobs that somebody has to do it. My guess is that they get paid well for doing it.
Also, the name, Heritage-Crystal Clean, might give you the wrong impression about what it does. Again, my guess is that their clients probably prefer not having "Hank's Toxic Sludge Removers" visiting their businesses on a regular basis.
Recs
an ipo that has bright future suggest this as long term investment

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