Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Five Environmental Solutions Stocks Hedge Funds Are Bullish on

Page 1 of 2

While the boundaries of the environment industry are unknown and not easily defined, Insider Monkey decided to compile a list of five environmental solutions stocks hedge funds tracked by our team favor. The environment industry supplies pollution control, reduction, cleanup and waste handling equipment and related services, as well as a fast-growing range of other environmental services. The U.S. environmental market is anticipated to grow at a rate twice the growth rate of the U.S. economy. This impressive growth will most likely be spurred by continuous construction activity, in addition to state and local infrastructure spending. Without further ado, let’s have a look at the five environmental solutions stocks most loved by the hedge fund vehicles tracked by Insider Monkey.

At Insider Monkey, we track around 770 hedge funds and institutional investors. Through extensive backtests, we have determined that imitating some of the stocks that these investors are collectively bullish on can help retail investors generate double digits of alpha per year. The key is to focus on the small-cap picks of these funds, which are usually less followed by the broader market and allow for larger price inefficiencies (see more details about our small-cap strategy).

Dirtiest Countries in Europe

TSpider/Shutterstock.com

#5. Clean Harbors Inc. (NYSE:CLH)

– Investors with long positions as of March 31: 13

– Aggregate value of investors’ holdings as of March 31: $191.00 Million

Clean Harbors Inc. (NYSE:CLH) fell out of favor with the hedge funds monitored by Insider Monkey during the first quarter of 2016, as the number of funds with stakes in the company fell to 13 from 18 quarter-over-quarter. In spite of this decline, the overall value of those stakes rose to $191.00 million from $182.40 million. The 13 funds invested in Clean Harbors amassed nearly 7% of the company’s outstanding common stock. The provider of environmental, energy and industrial services has seen its market value jump by 26% since the beginning of 2016. The company provides a wide array of services such as end-to-end hazardous waste management, emergency spill response, industrial cleaning and maintenance, and recycling services. As a result, Clean Harbors’ revenues for the first three months of the year dropped 13.2% year-over-year to $636.1 million, partially due to continued weakness in crude oil markets and decreases in commodity pricing. Ian Simm’s Impax Asset Management upped its stake in Clean Harbors Inc. (NYSE:CLH) by 40% during the March quarter to 593,370 shares.

Follow Clean Harbors Inc (NYSE:CLH)
Trade (NYSE:CLH) Now!
Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...
X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!