Author Topic: WCC - Wesco International  (Read 5246 times)

ugadawg_98

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WCC - Wesco International
« on: August 13, 2020, 08:12:09 PM »
This company just reported its first quarter following its merger with Anixter.

http://wesco.investorroom.com/news-releases?item=291

Management claims it can get its debt down to 3-3.5x by year three.

There was a favorable mention here in another thread sometime back by what appeared to be a knowledgeable poster. If you’re still out there, your thoughts would be appreciated.


« Last Edit: August 13, 2020, 11:33:57 PM by Parsad »


ugadawg_98

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Re: WCC - Wesco International
« Reply #1 on: October 29, 2020, 12:54:46 PM »
Reporting next Thursday (November 5).

Interestingly, in the market downdraft, its fallen to just a few points above where Leonard Green accumulated its 11.5% stake.

I added a bit today and yesterday ($39-40).

ugadawg_98

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Re: WCC - Wesco International
« Reply #2 on: November 05, 2020, 09:13:09 AM »

Very strong quarter, stock reacting nicely. Expect it to go substantially higher in next 24-36 months.

https://www.businesswire.com/news/home/20201105005244/en/WESCO-International-Inc.-Reports-Third-Quarter-2020-Results


Reporting next Thursday (November 5).

Interestingly, in the market downdraft, its fallen to just a few points above where Leonard Green accumulated its 11.5% stake.

I added a bit today and yesterday ($39-40).

ugadawg_98

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Re: WCC - Wesco International
« Reply #3 on: January 09, 2021, 02:20:47 PM »
Been quite a winner from $39 up.

Got a lot more love this week with the prospect of massive infrastructure spending and a perceived rotation to value/industrial names.

Still long, but at this point playing with house’s money.

ugadawg_98

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Re: WCC - Wesco International
« Reply #4 on: January 13, 2021, 06:35:26 AM »
RJ out this morning, maintains "Strong Buy" and raises target to $100.