5 Oversold Growth Stocks to Buy Right Now

4. WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

14-day RSI as of April 5: 21.71

Latest Trailing P/E Ratio: 26.76

Number of Hedge Fund Holders: 53

Based in Phoenix, Arizona, WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) is a leading business services provider specializing in temporary space solutions. Its product offerings include modular office complexes, mobile offices, classrooms, temporary restrooms, portable storage containers, and climate-controlled storage units, among others.

In Q4 2023, WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) revenue increased by 4% y-o-y to $612 million, while net income remained nearly constant y-o-y at $86 million. Its normalized EPS of $0.47, missed consensus estimates by $0.06.

On January 29, WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) announced that it has entered into a definitive agreement to acquire McGrath RentCorp (NASDAQ:MGRC), a leading business-to-business rental company based in Livermore, California. The cash and stock transaction values the target company at $3.8 billion and is expected to close in Q2 2024.