5 Best 52-Week High Stocks To Buy Now

2. WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Number of Hedge Fund Holders: 57

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) is a Phoenix, Arizona-based provider of workspace and portable storage solutions with a headcount of 5,000 employees.

On December 2, Manav Patnaik at Barclays increased the price target on WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) stock from $50 to $55 and maintained an Overweight rating on the stock. The analyst is expecting a more clear picture of the outlook of the US business and information services industry to emerge in 2023. During Q3 2022, WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) saw its top line increase by 23.2% YoY to $604.17 million, outperforming the consensus forecast of $584.25 million. Meanwhile, the EPS of 59 cents outperformed analysts’ forecast of 37 cents for the period.

Chartwell Investment Partners shared its outlook on WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) in its Q3 2022 investor letter. Here’s what the firm said:

“The strategy’s top overall contributor during Q3 2022 was WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC). WillScot Mobile Mini produces and leases mobile storage systems and modular offices. The company is exposed to the non-residential construction cycle which is still very robust. Also, WillScot Mobile Mini enjoys significant pricing power, therefore leading to steadily expanding operating margins.”

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