Billionaire Lee Cooperman’s 5 Stock Picks with Huge Upside Potential

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

Cooperman’s Stake Value: $113.33 million

Average analyst price target: $51.83

Average analyst price target upside: 21.72%

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) is a rental and leasing services company focusing on workspace and portable storage solutions in the United States, Canada, and Mexico. The company is headquartered in Phoenix, Arizona.

In its third quarter, WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) posted a GAAP EPS of $0.46, outperforming the estimates by $0.01. The company missed its revenue estimates by $7.51 million, but the revenue was up nearly 4.7% YoY. Furthermore, WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)’s free cash flow (FCF) was up 77% YoY to $148 million. The company expects to generate an FCF of $550 million by the end of the year.

Over the last three months, 7 analysts have covered WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) with an average price target of $51.83. All of the analysts have a Buy rating on the company stock, and their average analyst price target shows a 21.72% to WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)’s stock price of $42.58 as of the December 1 market close.

Bernzott Capital Advisors 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.”