UPDATE- Will Scott Mobile- Have sold this in al but one account and quite frankly stk was right here when we sold it along time ago... but the whole market has plunged and here is that damn stk at the same price about to break to a new high... That's +RS and we have to re look at some names like that-- This is one.
Idea #3 WillScot Mobile Mini Holdings Corp. (WSC)
38.48-0.20(-0.52%)
At close: March 23 04:00PM EDT
38.60+0.12(+0.31%)
Pre-Market:08:06AM EDT
OVER it's 50 day and 200 day very few of my stocks can say that......<---------
IBD Stock Of The Day WillScot Mobile Mini Nears Buy Point After Buying Spree



Licensing
WillScot Mobile Mini
WSC
$ 38.48
$0.20
0.52%
26%
IBD Stock Analysis
- Near 39.74 buy point after clearing trendline entry last week
- Relative strength line near highs
Composite Rating
92/99
Industry Group Ranking
79/197
Emerging Pattern
Double Bottom
WillScot Mobile Mini(
WSC), a company that leases out mobile offices and portable storage units for the construction industry and others, is the
IBD Stock Of The Day. WSC stock was hovering in between buy points.
The setup for WillScot Mobile Mini follows a string of acquisitions over the past several months, and after the company in February reported fourth-quarter results that beat expectations.
At that time, the firm said it was "tracking toward the higher end" of its 2022 sales expectations.
However, that forecast was still a bit more cautious than analysts' estimates.
WillScot earnings per share nearly doubled to 80 cents in 2021, with a 56% EPS gain seen this year.
WSC Stock
WSC stock dipped 0.5%
to 38.48 on th e
stock market today.
WillScot stock is close to a 39.74
buy point on a
double-bottom base. Shares cleared an early entry on March 17, as they broke a downward-sloping trendline and decisively cleared their
50-day line.<---------
WSC stock has a 92
Composite Rating. Its
EPS Ratingis a best-possible 99.<------
WillScot and Mobile Mini merged in 2020. The combined company offers mobile offices and metal container offices — often found on construction sites, big events and other commercial or industrial project sites —
that are used by workers for meeting and planning.
Some of those office units can be stacked on top of one another, and have customizable interiors. With the economy rebounding from the pandemic, the company argues that those spaces are cheaper, more flexible and can be built more quickly, steering demand away from traditional fixed locations.
Fragmented Industry For WSC Stock
WillScot Mobile Mini also offers portable storage containers, furniture, steps, ramps and other appliances. It also serves a variety of other industries, from agriculture to education to retail and wholesale trade.
WillScot has described the industry for those spaces as fragmented.
The company said it fully integrated seven acquisitions in the second half of 2021.
"Prior to the pandemic, we'd anticipated the company outpacing industry revenue growth by leveraging its national size and scale while garnering incremental rate and margin via its differentiated add-on services such as furniture rental," Oppenheimer said in a research note on WSC stock last month. "That view has remained unchanged."