WCC

Wesco International, Inc.

TMT


Presented:04/25/2024
Price:$157.30
Cap:$8.02B
Current Price:$172.45
Cap:$8.48B

Presented

Date04/25/2024
Price$157.30
Market Cap$8.02B
Ent Value$14.48B
P/E Ratio11.62x
Book Value$98.97
Div Yield0.98%
Shares O/S50.95M
Ave Daily Vol658,150
Short Int2.50%

Current

Price$172.45
Market Cap$8.48B
WESCO International, Inc. engages in providing business-to-business distribution, logistics services, and supply chain solutions. It operates through the following segments: Electrical and Electronic Solutions (EES), Communications and Security Solutions (CSS), and Utility and Broadband Solutions (UBS). The EES segment supplies a broad range of products and supply chain solutions primarily to the construction, industrial, and original equipment manufacturer markets. The CSS segment offers products and customized supply chain solutions to customers in a diverse range of industries including technology, finance, telecommunications service providers, transportation, education, government, healthcare, and retail. The UBS segment provides electrical transmission and distribution products, power plant maintenance, repair and operations supplies, and smart-grid products, and arranges materials management and procurement outsourcing for the power generation, power transmission and electricity distribution industries. The company was founded in 1993 and is headquartered in Pittsburgh, PA.

Publicly traded companies mentioned herein: WESCO International, Inc. (WCC)

Highlights

The presenter is long shares of WESCO International, Inc. (WCC), which he believes is poised for growth as it capitalizes on thematic trends in data center and utility infrastructure, driven by artificial intelligence (AI) and electrification. Trading at a significant discount to peers, WESCO offers an attractive entry point for investors. With management accountability improving, margin expansion initiatives underway, and potential for activist involvement, WESCO presents a compelling opportunity for long-term value appreciation.

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Idea Discussion

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