5 Best Self Storage and Apartment Stocks To Buy Now

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

Number of Hedge Fund Holders: 59

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) offers portable storage solutions and workspace services across the United States, Canada, and Mexico. The company operates through two divisions – Modular Solutions and Storage Solutions. On August 2, WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) reported a Q2 GAAP EPS of $0.43, beating Wall Street expectations by $0.03. While the revenue of $582.1 million increased by 0.1% year-over-year, it missed market estimates by $0.69 million. It is one of the best self storage stocks to buy. 

According to Insider Monkey’s second quarter database, 59 hedge funds were bullish on WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC), same as the previous quarter. 

Bernzott Capital Advisors US Small Cap Value Fund made the following comment about WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) in its Q1 2023 investor letter:

“WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC): Exited the position as a result of the company exceeding the upper end of our market cap restrictions due to stock appreciation.

We ended 1Q managing $548 million, with $286 million in our US Small Cap Value strategy. As a bottom-up, fundamental value investor, we seek high-quality companies we believe can compound returns over long periods while proving resilient in downturns. We believe characteristics of a high-quality company include market leadership; recurring revenue or subscription model providing revenue visibility; high margins and operating leverage; high returns on capital; financial flexibility; and a strong management team with skin in the game and a long-term view.”

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