Professional
Added to YB: 2022-10-27
Pitch date: 2022-10-27
WCC [bullish]
WESCO International, Inc.
+98.06%
current return
Author Info
No bio for this author
Company Info
WESCO International, Inc. provides business-to-business distribution, logistics services, and supply chain solutions in the United States, Canada, and internationally.
Market Cap
$12.5B
Pitch Price
$131.47
Price Target
N/A
Dividend
0.71%
EV/EBITDA
10.63
P/E
20.16
EV/Sales
0.80
Sector
Trading Companies and Distributors
Category
value
Choice Equities Capital new position: Wesco, Inc (WCC)
WCC: Anixter acquisition expands customer base, boosts scale advantages. Shifting to secularly growing end markets like grid modernization & EV charging, supported by gov't infrastructure spend. Synergies drive margin expansion. Debt reduced 6x to <3x. At 8x PE, 7x EBITDA with monopoly-like position, durable demand & 10%+ earnings growth.
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