Mobile Mini, Inc. (NASDAQ:MINI)

surprisingly good earnings in the midst of market turmoil. Weird huh? Who woulda thunk a company catering to the needs of construction would do so well right now? Well they did and their utilization rates are up above last year. Weird weird. But deserving of a thumbs up.

Original pitch from "11 O'Clock Stock" series:

http://www.fool.com/investing/general/2010/09/28/todays-buy-opportunity-mobile-mini.aspx

To see more about the series, watch this video from co-founder Tom Gardner:

http://www.fool.com/investing/general/2010/07/22/introducing-11-oclock-stock.aspx

http://www.fool.com/investing/general/2010/09/28/todays-buy-opportunity-mobile-mini.aspx

Getting on the MINI train, all fools aboard.

contruction pickup

They have strong assets that more than make up for debt. Those assets have good resale value. They are dependent on the economy.

Mobile Mini will see a rebound in its business with the end of the recession and eventual recovery of construction and housing markets.

Good play for when the market rebounds and on-site temporary storage is needed. They've used the economic slowdown to position themselves well for the future.

Leader in its industry.

Good growth company poised to recover nicely when housing restarts.

Has a low cost of sales...low cash compared to their debt amount...and I think with the quick increase of troops in Afghanistan the US will have to buy and rent tons of these things to support the incoming Soldiers until they can build the other buildings necessary to support...going higher in 24.

Having owned this stock when it was on the pink sheets and having lent money to them pre Wall Street, this management in top notch. They have a good franchise and operational history and I only get out when they dip $1-2 below the 20 day and I'm a buyer again.

This is a quiet company trading at a nice discount. Sure, short term building fears will be a headwind, but they have a great balance sheet and will pull through the slowdown nicely.

The recent merger will begin to add to earnings in 09. The merger will also help lower costs. More storage units and locations means units have to travel shorter distances to customers. Saves on fuel costs and they have eliminated a competitor.

I own this and will continue to add on weakness.

Stock advisor recomendation way off its initial price.

Wish I added this to caps back when it was at $14 (but I added it to my real portfolio instead). Even with the huge gain in the past, I think this stock is still extremely undervalued, the fundamentals are strong, the merger presents a lot of exciting opportunities, and I'm excited about the free cash flow in this company's future. Definitely a long-term winner.

$25+/share

has increased stock price x3 over the last 2 months

Going for more short-term gains here.

A portable storage leasing company, MINI does exceptionally well during booms, when people are collecting stuff and need a place to store it, or are moving around a lot. The stock is suffering from the bleak outlook right now, but I feel that the foreclosure threat is more limited than some suggest, and that by years end or early 2009 the economy will be swining out of its down turn and fully into recovery. That bodes very well for a company who will see investors flee at the break of bad news (as they have here) and then rush back in once MINI starts pumping out huge financial gains again late this year or early next.