WillScot (WSC) Soars 11% After Bullish Rating

We recently published 10 Big Names Crushing the Market. WillScot Holdings Corporation (NASDAQ:WSC) is one of the best-performing stocks on Friday.

WillScot rallied for a second day on Friday, jumping 11.10 percent to close at $17.61 apiece as investor sentiment was bolstered by an analyst’s bullish coverage for its stock.

In a market note on the same day, investment firm Baird upgraded WillScot Holdings Corporation (NASDAQ:WSC) to “outperform” from “market perform” previously, while also raising its price target to $22 from $20.

The new value assessment marked a 24.9 percent upside potential from its latest closing price.

According to Baird, the third quarter of the year could serve as a “watershed” or turning point for WillScot Holdings Corporation (NASDAQ:WSC), saying that the company presents an attractive long-term opportunity amid its leading market position and value-added products and services.

Baird added that WillScot Holdings Corporation (NASDAQ:WSC) generally offers more than 25 percent of internal rates of return and revenue opportunities through increasing value added products and services content rented to customers.

While we acknowledge the risk and potential of WSC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WSC and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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