American Ecology missed analyst estimates in Q4; however, they still showed increased earnings from a year before and have even started repurchasing shares. Look for ECOL to weather the economic crisis -- our waste industry isn't going anywhere.
The firm handles America’s hazardous waste. Not a great business if you’re the guy with the rubber gloves moving barrels of the stuff.
But not bad if you’re an investor - particularly a new one, given that the shares have endured a beating over the past year.
ECOL is profitable, has $24 million in cash and no debt!
Over the first six months of 2009, it generated $17 million in cash from operations. So far it has paid out over $6 million in the form of dividends.