I was lukewarm to positive on WESCO (NYSE:WCC) six months ago (you can read that article here), and the stock has more or less matched the S&P 500 in the time since, rising about 10%. That's not too bad, particularly as two of the company's largest markets, industrial and construction, have yet to really rebound all that much. HD Supply (NASDAQ:HDS) offers a lot of the same underlying exposures and market leverage, with an operational improvement kicker, but WESCO may hold more appeal for investors less inclined to gamble on an internal improvement story.
Still Waiting On The Rebound
I don't think it will surprise many readers that WESCO's short-term performance often tracks that of...
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