WESCO International: Avoid The Preferred Stock
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WESCO International (WCC) is a major distributor of primarily electrical and related components and products to a wide range of end users including construction and manufacturing firms. Wesco has benefited significantly in recent years due to a strong overall construction and consumer market, among other factors, boosted by the acquisition of major competitor Anixter last year. The pandemic, despite initial concerns, has proven an additional boost…
