ugadawg_98 Posted August 14, 2020 Share Posted August 14, 2020 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. Link to comment Share on other sites More sharing options...
ugadawg_98 Posted October 29, 2020 Author Share Posted October 29, 2020 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). Link to comment Share on other sites More sharing options...
ugadawg_98 Posted November 5, 2020 Author Share Posted November 5, 2020 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). Link to comment Share on other sites More sharing options...
ugadawg_98 Posted January 9, 2021 Author Share Posted January 9, 2021 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. Link to comment Share on other sites More sharing options...
ugadawg_98 Posted January 13, 2021 Author Share Posted January 13, 2021 RJ out this morning, maintains "Strong Buy" and raises target to $100. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now