5 Stocks to Buy According to Richard Scott Greeder’s Broad Bay Capital

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

Broad Bay Capital’s Stake Value: $105,715,000
Percentage of Broad Bay Capital’s 13F Portfolio: 16.54%
Number of Hedge Fund Holders: 61

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC), a North American company, specializes in modular space and portable storage solutions. WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) announced its acquisition of Allied Office Trailers and Storage Containers on September 19. The company expanded its operations in the eastern United States, adding about 8,000 rental assets to its fleet of mobile offices and movable storage containers.

On August 23, Baird analyst Andrew Wittmann maintained an ‘Outperform’ rating on WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) while boosting his price objective to $45 from $42.

Insider Monkey’s data shows that 61 elite hedge funds held stakes in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) at the end of the second quarter, up from 58 funds a quarter earlier. The total value of these stakes is over $1.53 billion. In the second quarter of 2022, Broad Bay Capital held about 3.26 million shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC), worth $105.72 million, representing 16.54% of the hedge fund’s total 13F securities.

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) was discussed in the Q4 2021 investor letter of ClearBridge InvestmentsHere’s what the investment management firm said:

“We added six new positions in the fourth quarter, the largest being WillScot Mobile Mini in the industrials sector. WillScot is the leading manufacturer in the modular office and storage end markets. The company has a multitude of idiosyncratic growth drivers that should support a doubling of free cash flow per share over the next four to five years.”

You can also take a peek at 10 Stocks to Buy According to Bulldog Investors and 10 Stocks to Buy According to Peter Simmie’s Bristol Gate Capital Partners

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