This summary was created by AI, based on 1 opinions in the last 12 months.
WESCO International, represented by the stock symbol WCC-N, is noted as a compelling investment opportunity, particularly highlighted as a top pick with a recent recommendation after a 33% gain. The firm, which became a part of the investment portfolio following its acquisition of Annexter, operates as a significant distributor with an extensive network of over 50,000 suppliers. Its robust performance and solid financial reporting signal effective management strategies, especially with margin expansion initiatives gaining traction. Additionally, the recent acquisition of the Australian company Pope is viewed positively as it is anticipated to enhance earnings. Overall, the outlook for WESCO appears optimistic, with endorsements from experts indicating confidence in their growth trajectory.
Has owned for a while, came to own it when they acquired a company called Annexter, which was part of their small cap portfolio. Nuts of bolt company with 50,000 suppliers in their supply change. A distributor. Everybody uses their products. Had a solid report. Making great inroads in the margin expansion. Purchased an Australian company, Pope, that is accretive. Likes it here.
WESCO International is a OTC stock, trading under the symbol WCC-N on the (). It is usually referred to as or WCC-N
In the last year, 2 stock analysts published opinions about WCC-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for WESCO International.
WESCO International was recommended as a Top Pick by on . Read the latest stock experts ratings for WESCO International.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered WESCO International In the last year. It is a trending stock that is worth watching.
On , WESCO International (WCC-N) stock closed at a price of $.
WCC is a $7.8B business-to-business distribution, logistics services, and supply chain solutions company, which was originally founded in 1922. It mostly offers solutions to the construction, industrial, and OEM markets, as well as network infrastructure, security, and utility services. It pays a small 1.1% yield but it has a nice buyback program in place, sales growth has been strong over the years, but fairly volatile, and margins have expanded nicely. It generates strong cash flows and trades at an attractive valuation of 11.7X forward P/E. We think it looks interesting, but growth prospects over the next couple of years are somewhat muted. The leadership team is strong and given the company's extensive history, we are comfortable with the management team.
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