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

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 lower today making it today's featured Materials & Construction laggard. The industry as a whole closed the day up 0.7%. By the end of trading, Clean Harbors fell $1.59 (-2.9%) to $53.20 on heavy volume. Throughout the day, 1,314,122 shares of Clean Harbors exchanged hands as compared to its average daily volume of 812,600 shares. The stock ranged in price between $52.68-$53.99 after having opened the day at $53.75 as compared to the previous trading day's close of $54.79. Other companies within the Materials & Construction industry that declined today were: MagneGas Corporation ( MNGA), down 8.0%, Industrial Services of America ( IDSA), down 7.2%, Comstock ( CHCI), down 6.2% and Desarrolladora Homex SAB de CV ADR ( HXM), down 5.7%.

Clean Harbors, Inc. provides environmental, energy, and industrial services primarily in the United States, Puerto Rico, and Canada. Clean Harbors has a market cap of $3.3 billion and is part of the industrial goods sector. Shares are down 8.6% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Clean Harbors a buy, no analysts rate it a sell, and 3 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, reasonable valuation levels and good cash flow from operations. 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 6.4%, Vertex Energy ( VTNR), up 4.8%, Cementos Pacasmayo SAA ADR ( CPAC), up 4.1% and Tecnoglass ( TGLS), up 3.8% , were all gainers within the materials & construction industry with DR Horton ( DHI) being today's featured materials & construction industry leader.

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).

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