We don't think so, and we're still confident in CEO Larry Culp.
It's plagued by slow traffic and markdowns, but we think the dividend's safe.
The stock's the cheapest we can remember seeing in a number of years.
We think the oversupply causing lower lithium prices is temporary.
The average U.S. tariff rate on China is set to surge.
Even after the market’s positive reaction, the stock looks very undervalued.
Wesco is trading almost 50% below our fair value estimate.
We're more optimistic about its medium-term potential and have raised our fair value estimate.
It was ahead of the curve in refocusing its business on its core competency.
The agreement doesn't change our valuation of either company, however.