10 Firms Buck Market Bloodbath on Monday

5. WillScot Holdings Corp. (NASDAQ:WSC)

WillScot Holdings saw its share prices increase by 6.02 percent on Monday to end at $29.76 each as investors bought up on an analyst’s bullish outlook for the company following its recently concluded Investor Day.

On Monday, William Blair analyst Tim Mulrooney maintained his bullish stand for WSC, giving it a “buy” rating based on several factors, including its WillScot Mobile Mini Holdings’ proactive approach to enhancing its operational and market capabilities.

During the investor day, the company demonstrated its commitment to growth by focusing on both organic and inorganic opportunities, with a notable increase in potential growth from $1.0 billion in 2021 to a projected $2.5 billion this year.

“Today, we see [$2.5 billion plus] of revenue growth opportunity, with margins expanding to 50 percent, which we can achieve by executing known initiatives,” the company said.