Clean Harbors Inc. (CLH): Today's Featured Materials & Construction Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Clean Harbors ( CLH) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day up 0.1%. By the end of trading, Clean Harbors rose $0.89 (1.6%) to $55.33 on average volume. Throughout the day, 640,114 shares of Clean Harbors exchanged hands as compared to its average daily volume of 539,600 shares. The stock ranged in a price between $54.20-$55.70 after having opened the day at $54.54 as compared to the previous trading day's close of $54.44. Other companies within the Materials & Construction industry that increased today were: India Globalization Capital ( IGC), up 10.1%, Hovnanian ( HOV), up 5.8%, NCI Building Systems ( NCS), up 5.5% and MagneGas Corporation ( MNGA), up 5.3%.

Clean Harbors, Inc., through its subsidiaries, provides environmental, energy, and industrial services in the United States, Puerto Rico, Canada, and internationally. It operates in four segments: Technical Services, Field Services, Industrial Services, and Oil and Gas Field Services. Clean Harbors has a market cap of $3.3 billion and is part of the industrial goods sector. The company has a P/E ratio of 24.2, above the S&P 500 P/E ratio of 17.7. Shares are down 0.8% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Clean Harbors a buy, no analysts rate it a sell, and 1 rates 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, reasonable valuation levels, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Tri-Tech ( TRIT), down 10.6%, Desarrolladora Homex SAB de CV ADR ( HXM), down 6.5%, Jewett-Cameron Trading Company ( JCTCF), down 5.2% and China Recycling Energy Corporation ( CREG), down 4.2% , were all laggards within the materials & construction industry with Fastenal Company ( FAST) being today's materials & construction industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider SPDR S&P Homebuilders ETF ( XHB) while those bearish on the materials & construction industry could consider ProShares Short Basic Materials Fd ( SBM).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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