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

Clean Harbors was a winner within the materials & construction industry, rising $2.89 (5.0%) to $60.90 on heavy volume

Apr 25, 2014 5:00 PM EDT

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 down 1.7%. By the end of trading, Clean Harbors rose $2.89 (5.0%) to $60.90 on heavy volume. Throughout the day, 2,242,557 shares of Clean Harbors exchanged hands as compared to its average daily volume of 871,800 shares. The stock ranged in a price between $60.71-$63.69 after having opened the day at $61.73 as compared to the previous trading day's close of $58.01. Other companies within the Materials & Construction industry that increased today were: Desarrolladora Homex SAB de CV ADR ( HXM), up 3.5%, Guanwei Recycling ( GPRC), up 3.2% and Weyerhaeuser ( WY), up 2.7%.

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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 $3.5 billion and is part of the industrial goods sector. Shares are down 3.2% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate Clean Harbors a buy, no analysts rate it a sell, and 4 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.

You can view the full Clean Harbors Ratings Report.

On the negative front, India Globalization Capital ( IGC), down 11.9%, Masco ( MAS), down 7.4%, MagneGas ( MNGA), down 7.1% and PGT ( PGTI), down 6.1% , were all laggards within the materials & construction industry with PulteGroup ( PHM) being today's materials & construction industry laggard.

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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).