12 Best Warehouse and Self-Storage Stocks to Buy Now

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1. WillScot Holdings Corporation (NASDAQ:WSC)

Number of Hedge Fund Holders: 52

WillScot Holdings Corporation (NASDAQ:WSC) is a company that designs, delivers, and services temporary space and storage solutions in North America. The corporation offers a variety of products, including modular office complexes, mobile offices, portable storage containers, protective buildings and climate-controlled units, and clearspan structures. With more than 130 million square feet of turnkey space, the company serves customers in a number of industries, including education, construction, manufacturing, retail, healthcare, and entertainment.

Silver Beech Capital, a value-oriented investment management firm, has a positive outlook on WillScot Holdings Corporation (NASDAQ:WSC). In its third-quarter 2024 investor letter, the investment management firm pointed out that it has a positive outlook on WSC and believes that the market underestimates the company’s steady leasing revenues and potential for rental growth. Silver Beech Capital noted that WillScot Holdings Corporation (NASDAQ:WSC) has historically focused on pricing over utilization while also justifying price hikes by offering the most extensive range of value-added products and services.

With regards to WillScot Holdings Corporation (NASDAQ:WSC), Silver Beech Capital’s estimate of the intrinsic value of the stock stands at $55 per share, which reflects an increase of more than 45% compared to the stock price at the end of the third quarter of 2024. This estimate by the firm is based on projected growth in earnings driven by positive trends in the sector, strong continued capital allocation, and deleveraging. Silver Beech Capital highlighted that specialty rental services are growing as customers demand more complex and tailored solutions. The firm also noted that the biggest rental providers are winning the largest customers by providing superior service and investing in technology.

Overall, WSC ranks first among the 12 best warehouse and self-storage stocks to buy now. While we acknowledge the potential of warehouse and self-storage companies, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WSC but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.

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