Anthony Brenner and Pivot Point Capital’s Stock Picks

3. Clean Harbors Inc (NYSE:CLH)

In Clean Harbors Inc (NYSE:CLH), Mr. Brenner’s fund holds a $23.54 million stake that contains 421,584 shares, down by 14% on the quarter. Pivot Point first invested in Clean Harbors Inc (NYSE:CLH), a provider of environmental services, in 2012, but the stock is over 12% in the red in the last five years, which could be attributed to lower levels of industrial activity and weaker oil prices which reduced the amount of exploration and production activity in the sector. However, as analysts are positive that the US manufacturing might be expanding and a rebound in oil prices will lead to more drilling, which could result in higher revenues for Clean Harbors Inc (NYSE:CLH), which are already picking up, according to the company’s last several quarterly reports.