"Clean Harbors (NYSE: CLH), the nation's largest hazardous waste firm, represents a great way to add some recession-resistance to your portfolio," says growth stock expert David Fessler.

The contributing editor to The Oxford Club adds, "This stock is also a way to get paid from cleaning up our nation’s biggest environmental messes in the process." Here's the advisor's review.

"Clean Harbors is a one-stop clean-up shop for waste. We’re talking hazardous waste, toxic chemicals, radioactive materials and biologic or infectious waste.

"With a superior portfolio of over 100 waste management facilities, Clean Harbors is North America’s largest vertically integrated environmental services and hazardous waste-treatment company.

"It’s involved in just about every aspect of the environmental sector, including disposal, transportation, specialty chemical packaging, emergency spill response, and industrial maintenance and cleaning services.

"Clean Harbors has few competitors, due to the substantial barriers to entry into the hazardous waste disposal business. Numerous federal, state, local and provincial permits must be obtained, and compliance costs are expensive.

"Clean Harbors’ 45,000-strong customer base includes 325 of the Fortune 500 companies, most federal, state and local government agencies, as well as numerous smaller private companies.

"And with seemingly endless, recurring sources of hazardous waste, business – as you might expect – is booming. 

"The company’s third-quarter incinerator utilization rate was 93%. Revenues were up 11% to $273 million. And earnings clocked in at $31 million, up 21%. The most recent quarter was the latest in a string of banner ones.

"Even better, President Obama plans on ratcheting up spending on infrastructure and environmental projects, which includes increasing the funding for Superfund site cleanup."