We recently published 10 Big Names Crushing the Market. WillScot Holdings Corporation (NASDAQ:WSC) is one of the best-performing stocks on Friday.
WillScot rallied for a second day on Friday, jumping 11.10 percent to close at $17.61 apiece as investor sentiment was bolstered by an analyst’s bullish coverage for its stock.
In a market note on the same day, investment firm Baird upgraded WillScot Holdings Corporation (NASDAQ:WSC) to “outperform” from “market perform” previously, while also raising its price target to $22 from $20.
The new value assessment marked a 24.9 percent upside potential from its latest closing price.
According to Baird, the third quarter of the year could serve as a “watershed” or turning point for WillScot Holdings Corporation (NASDAQ:WSC), saying that the company presents an attractive long-term opportunity amid its leading market position and value-added products and services.
Baird added that WillScot Holdings Corporation (NASDAQ:WSC) generally offers more than 25 percent of internal rates of return and revenue opportunities through increasing value added products and services content rented to customers.
While we acknowledge the potential of WSC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.