Alert: Major Price Advance (11/6/24)-WESCO International Inc (NYSE: WCC).

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WESCO International Inc (NYSE: WCC) stock enjoyed a major increase of 13.1% on 11/6/24. The shares closed at $212.47. Moreover, this advance was accompanied by exceptionally high trading volume at 353% of normal. The stock has performed in line with the market over the last nine months and has risen 19.5% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, WCC is expected to continue to be an important Value Builder.

WESCO International has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. WESCO International has a good Appreciation Score of 75 but a neutral Power Rating of 49, and the High Neutral Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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