Is WillScot Mobile Mini Holdings Corp. (WSC) a Smart Investment Choice?

ClearBridge Investments, an investment management company, released its “ClearBridge Select Strategy” third quarter 2022 investor letter. A copy of the same can be downloaded here. The strategy outperformed its benchmark, the Russell 3000 Index, in the third quarter. The strategy’s outperformance in the quarter was attributed to contributions from several smaller-cap, growth-oriented businesses in the consumer discretionary and information technology sectors. In addition, please check the fund’s top five holdings to know its best picks in 2022.

ClearBridge Investments highlighted stocks like WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) in the Q3 2022 investor letter. Headquartered in Phoenix, Arizona, WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) is a portable storage solutions and workspace provider. On November 7, 2022, WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) stock closed at $46.00 per share. One-month return of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) was 11.60% and its shares gained 23.16% of their value over the last 52 weeks. WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) has a market capitalization of $9.83 billion.

ClearBridge Investments made the following comment about WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) in its Q3 2022 investor letter:

“WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC), which falls into the evolving opportunity segment of the portfolio that includes companies with specific drivers toward operating improvement, continued to execute on its merger with Mobile Mini by driving value-added sales in a more resilient business model and generating abundant free cash flow.”

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WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 61 hedge fund portfolios held WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) at the end of the second quarter which was 58 in the previous quarter.

We discussed WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) in another article and shared Madison Funds views on the company. In addition, please check out our hedge fund investor letters Q3 2022 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.