Mobile Mini Inc (MINI): Today's Most Compelling Stock Buy

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SoTM Bull's Eye Report - Today's Most Compelling Buy
Monday, July 8, 2013

 

At StateoftheMarkets.com, we strive to "own the best and ignore the rest" in our equity portfolios. Toward this end, each day we search our database for a "top stock" (a top rated company in terms of earnings strength as well as company and industry performance) that presents a strong technical "set up" and a good entry point.

In short, when our equity team is looking to add a stock to one of our portfolios, the "bull's eye" stock shown below is generally their first choice.

 



Company


Symbol


Industry

Stock
Rating

YTD
% Gain
S.T.
Stop
Loss
Mobile Mini IncMINI Diversified Support Services 9.2 +50.97% $30.75

Why We Like The Stock:

Mobile Mini Inc (MINI) is our most compelling buy today due to the fact that it is a top rated stock (in terms of earnings strength and company/industry performance) with a positive technical set-up. Diversified Support Services stocks don't look too much alike, as shown in MINI's direct competitors Copart Inc (CPRT), KAR Auction Services (KAR), and Healthcare Services Group (HCSG). This isn't a bad thing, though, as MINI has an extremely solid technical set-up, with strong uptrends in both the intermediate- and long-term. The stock traded as high as $37.49 in mid-May, before pulling back and consolidating at current prices over the next month. Currently, MINI is sitting at an attractive entry point just above its 50-day moving average. We like the solid price base MINI formed throughout the month of June, and would be buyers here for a short-term run back to the $37 area.
We Would Be Buyers:

At the current price (~$33.75).

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Company Profile:

Mobile Mini, Inc. (Mobile Mini) is a provider of portable storage solutions with a total portable storage and office fleet of over 234,700 units as of December 31, 2012. It offers a wide range of portable storage products in varying lengths and widths with an assortment of differentiated features, such as patented locking systems, premium doors, electrical wiring and shelving. The Company has its operations in North America, the United Kingdom and The Netherlands. As of December 31, 2012, it operated in 136 locations throughout North America and Europe. Its customers use its products for a variety of storage applications, including retail and manufacturing supplies, inventory and maintenance supplies, temporary offices, construction materials and equipment, documents and records and household goods. Its total lease fleet has grown significantly over the years to approximately 234,700 units as of December 31, 2012.

Stock Rating:

The Stock Rating indicates the combined score of our proprietary Earning Strength and Company Performance models. The rating scale is 0 - 10 with 10 being the highest.

Disclosure:

At the time of publication the editor and affiliated companies own the following positions: None

Note: Positions may be bought or sold while this publication is in circulation without notice.

  Mobile Mini Inc - Last 3 Months

  Mobile Mini Inc - Last 12 Months

  Mobile Mini Inc - Last 5 Years

 

 

 

 

The analysis and information in this report and on our website is for informational purposes only. No part of the material presented in this report or on our websites is intended as an investment recommendation or investment advice. Neither the information nor any opinion expressed nor any Portfolio constitutes a solicitation to purchase or sell securities or any investment program. The opinions and forecasts expressed are those of the editors of StateoftheMarkets.com and may not actually come to pass. The opinions and viewpoints regarding the future of the markets should not be construed as recommendations of any specific security nor specific investment advice. Stocks should always consult an investment professional before making any investment.

Any investment decisions must in all cases be made by the reader or by his or her investment adviser. Do NOT ever purchase any security without doing sufficient research. There is no guarantee that the investment objectives outlined will actually come to pass. All opinions expressed herein are subject to change without notice. Neither the editor, employees, nor any of their affiliates shall have any liability for any loss sustained by anyone who has relied on the information provided.

The analysis provided is based on both technical and fundamental research and is provided 'as is' without warranty of any kind, either expressed or implied. Although the information contained is derived from sources which are believed to be reliable, they cannot be guaranteed.

The information contained in our websites and StateoftheMarkets.com publications is provided by Ridge Publishing Co. Inc. (Ridge). One of the principals of Ridge, Mr. David Moenning, is also President and majority shareholder of Heritage Capital Management, Inc. (HCM) a Chicago-based money management firm. HCM is registered as an investment adviser. HCM also serves as a sub-advisor to other investment advisory firms. Ridge is a publisher and has not registered as an investment adviser. Neither HCM nor Ridge is registered as a broker-dealer.

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Investments in equities carry an inherent element of risk including the potential for significant loss of principal. Past performance is not an indication of future results.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Economy , Stocks

Referenced Stocks: CPRT , HCSG , KAR , MINI

David Moenning


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