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Baron Funds Comments on Clean Harbors Inc

Clean Harbors, Inc. ( CLH ), and Waste Connections, Inc. ( WCN ), are two examples of classic growth stocks in the portfolio. Clean Harbors is a leading provider of environmental and hazardous waste management services. In addition to its market leadership position, it has many attributes we like, including a stable and recurring revenue base, and high barriers to entry created by permitting and regulatory hurdles and the high capital cost of waste management facilities. ... We have held these two stocks for seven and five years, respectively, during which periods our investments have more than doubled.

From Baron Funds ' Second Quarter 2014 Shareholder Letter.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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