We recently compiled a list of the 10 Firms Buck Market Bloodbath on Monday. In this article, we are going to take a look at where WillScot Holdings Corporation (NASDAQ:WSC) stands against the other stocks.

The stock market suffered a bloodbath anew on Monday, with the Nasdaq plunging to its worst level in three years over concerns about the health of the US economy after the Trump administration acknowledged the possibility of a potential rough patch.

The tech-heavy Nasdaq fell the heaviest, down 4 percent, followed by the S&P 500, which declined by 2.7 percent. The Dow Jones, for its part, dropped by 2.08 percent.

Meanwhile, 10 companies managed to book modest gains, bucking the broader market caution. We have identified the names that led the charge and detailed the reasons behind their performance.

To come up with the list, we considered only the stocks with $2 billion in market capitalization and $5 million in trading volume.

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WillScot Holdings Corporation (NASDAQ:WSC)

WillScot Holdings Corporation (NASDAQ:WSC) saw its share prices increase by 6.02 percent on Monday to end at $29.76 each as investors bought up on an analyst’s bullish outlook for the company following its recently concluded Investor Day.

On Monday, William Blair analyst Tim Mulrooney maintained his bullish stand for WillScot Holdings Corporation (NASDAQ:WSC), giving it a “buy” rating based on several factors, including its WillScot Mobile Mini Holdings’ proactive approach to enhancing its operational and market capabilities.

During the investor day, the company demonstrated its commitment to growth by focusing on both organic and inorganic opportunities, with a notable increase in potential growth from $1.0 billion in 2021 to a projected $2.5 billion this year.

“Today, we see [$2.5 billion plus] of revenue growth opportunity, with margins expanding to 50 percent, which we can achieve by executing known initiatives,” the company said.

Overall WSC ranks 5th on our list of Monday's top gainers. While we acknowledge the 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 but trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

 

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