WESCO International, Inc. (NYSE:WCC) is one of the As is the case with most newsletters these days, this stock also caters to the needs of the AI buildout.
The newsletter mentions it as one of “five companies who stand to make you an absolute fortune.” It advises readers to “act now” before the news on January 19th
It touts the firm as one of the companies “who profit when every company in the world has to build new facilities here to access that quartz for their technology product.” Another teaser markets the stock as “While everyone chases AI chips, this Pennsylvania company quietly provides the backbone that makes the facilities run.” allstars/ WESCO International, Inc. (NYSE:WCC) is a classic stock that could ‘skyrocket’ pick in an investment newsletter. The firm is one of the biggest electrical equipment and supplies distributors in North America. WESCO International, Inc. (NYSE:WCC)’s shares are up by 119% over the past year, 41% year-to-date, and by 28.9% since January 19th.
The shares closed 14% higher on April 30th, the day the firm reported its first quarter earnings, to post a 70% annual data center sales bump. While we acknowledge the potential of WCC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.