WESCO International, Inc. (WCC)

jersey1010 (45.77) Submitted: 10/09/06 1:00 PM : Start Price: $67.11 WCC Score: -39.50

"We believe the acquisition of Communications Supply is a significant step in the evolution of Wesco's strategy to diversify its end-market base and reduce the cyclicality of its earnings," wrote Woodworth, who maintains an "Overweight" rating on shares.

Woodworth expects Wesco to continue to make acquisitions, focusing on high-margin companies that could fuel expansion into new geographic locations, markets and products.

The company previously said it might make more acquisitions in the fragmented low voltage and data communications supply industry.

Separately, Raymond James analyst Sam Darkatsh reiterated an "Outperform" rating on Wesco and $74 target price, and said the acquisition looks attractive financially and strategically.

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