Clean Harbors (CLH) Shares Soar 1.28% on Strong Q1 Earnings

Clean Harbors (CLH) shares surged 1.28%, reaching their highest level since February 2025, with an intraday gain of 2.10%.

The strategy of buying CLH shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years, with a 7.56% annualized return. This indicates a relatively conservative approach that captured some of the subsequent gains, albeit with limited upside potential.

Clean Harbors' stock price has been on an upward trajectory, driven by strong financial performance. On May 12, 2025, the company reported better-than-expected Q1 earnings, which impressed investors and contributed to the stock's upward movement. The earnings per share were $1.09, exceeding market expectations and providing a significant boost to the company's stock price.

This positive momentum is a testament to Clean Harbors' strategic initiatives and operational efficiency. The company's focus on environmental services and waste management has positioned it well in the market, attracting investor confidence and driving stock price growth. As Clean Harbors continues to deliver strong financial results, it is poised to maintain its upward trajectory in the coming quarters.