WESCO (NYSE:WCC)
has been doing its best to continue growing in recent years, despite
the fact that key markets making up nearly half of sales have yet to
really recover in a big way. Given the value that WESCO adds as a
distributor, the fragmented nature of its electrical distribution
industry and the opportunity for future growth coupled with better
margins, WESCO is a name that I wouldn't want to be short for the long
term.
Filling a Key Role in a Big Market
Filling a Key Role in a Big Market
WESCO is a
significant distributor of electrical, industrial and communications
products in North America, selling nearly 1 million different products
from 18,000 suppliers to more than 65,000 customers. Although it's one
of the largest players in this approximately $100 billion market, WESCO
has just 6% share or so - highlighting just how fragmented the industry
us.
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