WESCO International has still an uptrend and is going toward its highest level.
The company shows strong fundamentals. Firstly, the security is undervalued compared to its peers with an EV/Sales ratio estimated at 0.59 by the Thomson Reuters consensus for 2013. Moreover, the consensus revised upward EPS estimates for this year and that let see a great potential for the security on the stock market.
From a technical viewpoint, the security is trading in a bullish trend in the short and the long term. Increasing moving averages let think there will be no reversal in the coming trading sessions. This growth should help to reach soon the first target at USD 76.15 and the USD 80 as a second target.
In consequence, investors can take a long position in WESCO International with a first target price at USD 76.15. This level is the long term resistance. A new bullish fluctuation could lead the security toward its highest level in case of breakout of this resistance. A stop loss will be fixed under the short term support at USD 70.8.
WESCO International, Inc. is a provider of business-to-business distribution, logistics services and supply chain solutions. Its segments include Electrical & Electronic Solutions (EES), Communications & Security Solutions (CSS) and Utility & Broadband Solutions (UBS). The ESS segment supplies a range of products and solutions primarily to the construction, industrial and original equipment manufacturer markets. Its product portfolio includes a range of electrical equipment and supplies, automation and connected devices (the Internet of Things), security, lighting, wire and cable, safety, and maintenance, repair and operating products. The CSS segment is engaged in the network infrastructure and security markets. The UBS segment provides products and services to investor-owned utilities, public power companies, such as municipalities, as well as global service providers, wireless providers, broadband operators and others. It also provides data center and building intelligence software.
WESCO INTERNATIONAL, INC. 
