WESCO International, Inc. (WCC)

Patrick6k (< 20) Submitted: 10/31/07 1:54 PM : Start Price: $46.43 WCC Score: -8.96

Wesco Intl Inc. is a distributor of a vast portfolio of electrical products. Investing in this stock is a matter of common sense in my opinion. With the intense expansion projects occurring with the big refineries along with the global modernization occurring in lesser-developed countries, Wesco stands to make windfall profits for decades to come.





They have a very solid management crew, and a globally established business, and it's a boring business to boot. We may be looking at an industrial version of Home Depot, and with the amount of inside ownership that Wesco has, their big wigs must have a similar belief.





Wall Street analysts estimate 19% annualized growth over the next 5 years. In my heart of hearts, I think that's conservative, but, being the value hawk I am with my investment dollars, I used a 12% annualized return. Even with a lower earnings growth rate, I still place the intrinsic value of these shares at around $74-$75. So, this looks like a good buying opportunity to me.





Go Long,


Fool On!!!

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