Hey, let’s all get excited about industrial suppliers – the business of playing middleman between manufacturers and end-of-the-line customers and stocking zillions of little whatchamacallit’s.
Let’s throw into the mix Wesco International (WCC), and regardless of which of the three stocks you’d have chosen a decade ago, you’d have at a minimum a 481% gain vs. 81% for the S&P 500. Wesco was recently featured in Barron’s 500 America’s Best Companies as No. 2. The list aims to find companies that invest wisely and effectively for growth.
Despite being shined up in Barron’s, Wesco remains the cheaper of the three stocks, based on PE ratio.
And that isn’t because it’s a slacker on growth. The industry is consolidating and acquisitions are part of the growth strategy.
Wesco has a thinner profit margin than the other two. Wesco has nonetheless outpaced Grainger and Fastenal in EPS growth over the decade.
Jeff Bailey, The Editor of YCharts, is a former reporter, editor and columnist at the Wall Street Journal and New York Times. He can be reached at firstname.lastname@example.org.
More From YCharts
- How to Find Under-Valued Small-Cap Stocks
- A Bullish Market Metric Points to Tech Stocks
- Why Chanos Rips Seagate
- Health Care Industry
- Wesco International