Wabash National Corporation (WNC): A Bull Case Theory

We came across a bullish thesis on Wabash National Corporation (WNC) on Substack by DeepValue Capital. In this article, we will summarize the bulls’ thesis on WNC. Wabash National Corporation (WNC)'s share was trading at $9.25 as of May 12^th. WNC’s trailing P/E was 6.13 according to Yahoo Finance.

[caption id="attachment_1208522" align="aligncenter" width="768"] A tractor-trailer speeding along a modern highway, showing the power of the transportation solutions.[/caption]

Wabash National Corporation (WNC), widely perceived by the market as a “busted trailer stock,” is...