Activist Investor Whitworth: Back To The Garbage Biz
YCharts • Mon, Jun. 23
- Clean Harbors, a big hazardous waste handler, has over the long haul been a spectacular performer.
- Despite Clean Harbors’ fabulous returns for investors, overall the hazardous waste industry has been a disastrous one.
- Clean Harbors is not a growth company and it's not in a growth industry, however. To live up to the stock’s price –- its forward P/E ratio is nearly 35 -– it's going to have to perform better than waste companies typically do.