Clean Harbors Inc (NYSE:CLH) slid 15%, with some investors not excited about its $1.25 billion acquisition of Safety-Kleen. That buy can help the disaster-relief and clean-up specialist address oil spills, though, which seem like they’ll be with us for quite some time. The company is poised to profit in other ways, too, such as by dealing with climate-change-related storms that wreak havoc on coastlines. Its operational diversification is another plus.
The big picture
Demand for environmental services isn’t going away anytime soon. A well-chosen ETF can grant you instant diversification across any industry or group of companies — and make investing in and profiting from it that much easier.
The article Make Money in Growing Environmental Stocks — the Easy Way originally appeared on Fool.com.
Longtime Fool contributor Selena Maranjian, whom you can follow on Twitter, owns shares of Veolia Environnement (ADR). The Motley Fool recommends Veolia Environnement (ADR) and Waste Management. It owns shares of Clean Harbors and Waste Management.
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