Seth Klarman Stock Portfolio: 5 Best Stocks to Buy

3. WESCO International, Inc. (NYSE:WCC)

Baupost Group’s Stake Value: $393,159,000

Stock Upside: 29.10%

Number of Hedge Fund Holders: 42

WESCO International, Inc. (NYSE:WCC) is one of the best Seth Klarman portfolio stocks to buy. On July 1, WESCO International, Inc. (NYSE:WCC) announced it had completed the acquisition of Newark Engineering Group, a Singapore-based provider of engineered cooling solutions and lifecycle services for data centers.

On June 8, WESCO signed a definitive agreement to acquire 100% of Newark Engineering, where it would pay 175 million Singapore dollars, roughly $136 million, on a cash-free, debt-free basis. The transaction was expected to close in Q3 2026, which is around this time.

Newark specializes in design, supply, installation, commissioning, and maintenance of thermal management systems critical to data center performance. Its customer base spans Southeast Asia and includes global technology firms and Fortune 500 companies. The company generated approximately $60 million in revenue in 2025.

On why WESCO decided to snap the company up, it said, on June 8, that the acquisition expands its data center value chain participation, particularly in engineered cooling and lifecycle services. It also establishes a growth platform in the fast-growing Southeast Asia region. CEO John Engel expected the deal to enhance WESCO’s growth profile, support margin expansion, and generate attractive returns within the first year.

Engel reiterated the sentiments after announcing the acquisition’s completion on July 1. He said: “This acquisition expands WESCO’s participation in the data center value chain, while strengthening the company’s presence across Southeast Asia.”

WESCO International, Inc. (NYSE:WCC) is a business-to-business distribution and supply chain solutions company. It provides electrical equipment, automation and connected devices, security, lighting, wire and cable, data center infrastructure, network security solutions, and utility products to industrial, commercial, utility, and communications customers in the United States, Canada, and internationally.