The Emervest blog recently reviewed the stocks of two waste management companies, American Ecology(ECOL) and Clean Harbor (CLHB). American Ecology treats both hazardous and low-level radioactive waste, and has been doing quite well. Last quarter, the company’s net income increased 20%. Their stock has increased by almost 50% this year, as well.
Clean Harbors is another good waste management stock that is also on the rise, having increased approximately 40% since New Year’s 2008. The blog has this to say about Clean Harbors:
CLHB has fairly strong fundamentals but doesn’t pay a dividend. In my opinion, it offers a little more short term trading opportunity if that’s what your looking for. I would like to see it come down a tad closer to the trend line before buying in but it is still attractive as a long term play.