5 Stocks to Buy Now According to Joshua Pearl’s Hickory Lane Capital Management

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

Hickory Lane Capital Management’s Stake Value: $8,811,000
Percentage of Hickory Lane Capital Management’s 13F Portfolio: 4.68%
Number of Hedge Fund Holders: 61

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) is a company that specializes in flexible and portable storage. Furniture rental, shipping and logistics, storage and facilities services, and commercial real estate services are all available through the company. At the end of Q4 2021, 61 hedge funds monitored by Insider Monkey were long on WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC), up from 56 firms the previous quarter.

On April 27, WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) published earnings for the first quarter of 2022, announcing earnings per share of $0.22, missing estimates by $0.02. The $508.89 million revenue for the period was up 107.4% year-over-year, exceeding estimates by $30.96 million.

On March 29, Deutsche Bank analyst Faiza Alwy assigned a Buy rating and a $49 price target to WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) as part of a broader research report on Business Services companies. Hickory Lane Capital Management owned 215,750 shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) as of Q4 2021, worth $8.81 million, representing 4.68% of the total 13F holdings. The hedge fund increased its WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) stake by 20% in the December quarter.

ClearBridge Investments, in its fourth quarter 2021 investor letter, mentioned WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC). Here is what the fund 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 Now According to James Katz’s Humankind Investments and 10 Stocks to Buy Now According to Steve Ketchum’s Sound Point Capital

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