Clean Harbors, Inc.
CLH
pitch
long
Thesis
Clean Harbors is poised for significant earnings growth due to the introduction of a new incinerator and $200 million in growth capital expenditures expected to generate a 20% return on invested capital. This growth, combined with the elimination of valuation discounts from re-refining operations, suggests a substantial upside in share price, with a target price of $93.05, representing a 68% upside from current levels.
Did it work?
inconclusive
confidence: low
Without specific price performance data or a defined time frame since the pitch, it's unclear whether the anticipated earnings growth and valuation improvements have materialized. The thesis relies on future developments that have not been confirmed or invalidated yet.
Raw excerpt
No raw excerpt stored.