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WESCO International Inc.

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WESCO’s top-line continues to benefit from its strength across the end markets in both U.S. and Canada. Moreover, this remains the key driver of the company’s organic sales. We believe WESCO is well poised to reap benefits from growth in construction market, growing consolidation in utility industry and increasing demand for renewable energy. Further, improving demand from data centers, broadband and cloud technology projects remain tailwinds. Additionally, growing contract wins will continue to boost the top-line growth of the company. Moreover, the stock has outperformed the industry it belongs to in the past year. However, supplier concentration remains a concern. Further, increasing sales in international projects remain negative for margins.


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