Clean Harbors Inc. (CLH): Today's Featured Industrial Goods Loser

Clean Harbors ( CLH) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods loser. The sector as a whole closed the day up 0.8%. By the end of trading, Clean Harbors fell 63 cents (-1.1%) to $57.84 on average volume. Throughout the day, 573,823 shares of Clean Harbors exchanged hands as compared to its average daily volume of 412,000 shares. The stock ranged in price between $57.16-$58.37 after having opened the day at $58.09 as compared to the previous trading day's close of $58.47. Other company's within the Industrial Goods sector that declined today were: Compx International ( CIX), down 10.3%, Fastenal Company ( FAST), down 9.8%, Broadwind Energy ( BWEN), down 7.1%, and UQM Technologies ( UQM), down 6.4%.

Clean Harbors, Inc., through its subsidiaries, provides environmental, energy, and industrial services. Clean Harbors has a market cap of $3.15 billion and is part of the materials & construction industry. The company has a P/E ratio of 23.1, equal to the average materials & construction industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 7.3% year to date as of the close of trading on Monday. Currently there are six analysts that rate Clean Harbors a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Clean Harbors as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, India Globalization Capital ( IGC), up 19.1%, China Development Group Corporation ( CTDC), up 13.2%, Lennar Corporation ( LEN.B), up 7.6%, and ZBB Energy Corporation ( ZBB), up 6.8%, were all gainers within the industrial goods sector with Deere ( DE) being today's featured industrial goods sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).
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