WESCO International

Abnett and Arum with shares both increased year-to-date over 100%.

Closer to home in the electrical space, Wesco posted impressive year-to-date growth of $45.90 in its share prices.

Fastenal and Granger, both top market indices with gains of better than 20%.

If you've been following the surge in contractor stock price over the past several years, you won't be surprised to find two very familiar names at the top of the list.

They're active participants in two of the major trends now driving much of the growth in the electrical construction scene right now.

We've got the still explosive growth of data centers and their revitalization and expansion of the electrical grid.

Envent, Quanta, Vertiv, Atcor, Generac, Wesco, GE, Vernova, Eaton, ABB, Emcor, and Schneider all made the cut as elicits some of the fastest growing electrical stocks here.

And if you look at their product portfolios and some of their public statements over the past few months and past years for sure, you can see that the increase in their business very tied directly to grid data centers, some other large mega projects, and in many cases the revitalization and expansion of the electrical grid.

Mm-hmm.

You know, if, if you're a WESCO...

Let's, let's not use WESCO, let's use the, uh, Rexel.

And 40% of their business is here in the US, so they're doing about $8, $9 billion.

So Acuity's gonna figure out how much of my $45 million is gonna tie to Rexel.

You've got too many big, well-capitalized players.

In addition to the two that I named, you've got Graybar and Wesco and some other big U.S. players.

And it's just an industry that's getting consolidated.

It's also a more organized industry in terms of data.

Prysmian, Rio Tinto, and Amazon say the project represents the first known use of aluminum produced through inert anode smelting in a data center.

Prysmian will manufacture the finished electrical cables at its Sedalia, Missouri facility, while WESCO will support distribution to the project.

The installation is relatively narrow in scope, but the procurement question behind it is much bigger.

As hyperscale data center operators expand cloud and AI infrastructure, emissions tied to construction materials, equipment, and supply chains are becoming harder to separate from corporate decarbonization targets.

Meeting targets of that kind requires operators to address emissions outside their direct operational control, including purchased goods, equipment, and construction.

The Ohio project also shows how many companies have to coordinate before a lower carbon material can make it onto a data center site.

Rio Tinto supplies the aluminum, Prysmian turns it into electrical cable, WESCO supports distribution, and Amazon provides the end market demand.

Each stage has its own requirements around cost, specifications, availability, and logistics.

Davidson brought in in a spread situation, still enough balance there to spread the defense out, but also allow for a more traditional run.

Wesco and Moore got involved more.

Benton Kerr and Pat Henry got involved more.

They're spreading the field out in a way to help the team overall, forcing the defense to account for everyone across the board, including the quarterback.

Today, we are honored to have with us one of the most accomplished leaders in the sector, John Engel.

He's the chairman, president, and CEO of Wesco International.

Wesco ranks 195 on the Fortune 500 list and is a global supply chain leader operating in more than 50 countries and generating more than 24 billion of revenue every year.

It operates in three segments, electrical and electronics solutions, communication and security solutions, and utility and broadband solutions.

Wesco works behind the scenes to enable the whole industrial ecosystem.

And John, with his focus on innovation, resilience, and culture, has led this to become one of the most influential companies in the industrial ecosystem today.

John himself joined Wesco as COO in 2004, and he took the reins as CEO in 2009 and became chairman in 2011.

Prior to joining Wesco, John had leadership positions at Allied Signal, General Electric, and Perkin Elmers.

He was eight of a 22 for 65 yards and an interception.

Now juxtapose that to what, what Tate Reynolds did in the second half after that interception, where he's got Wesco wide ass open, throw it to the left, throw it on target.

That's an easy touchdown.

After that, he was seven for seven for 115 yards and a touchdown.

I can't remember.

How about it? Uh, Boggs, and, and speaking of blending together, it feels like Bryant Wesco Jr.

right now coming out of Clemson is just blending i- in with the, the fold, man, because this is one of those Antonio Williams types of falloffs in his final collegiate season, potentially, at Clemson, right? He has just eight receptions, 64 yards, being outproduced by his counterpart, TJ Moore, and th- this is just really disappointing.

Like, I know the quarterback situation has been God awful, whether it's been the true freshman Reynolds or Vienza, uh, under center, but still, like, they were in a super negative game script the entire time, and a ton of time for garbage time against LSU.

And then played Georgia Southern in week two, and the Tigers only put up 22 points.

We're sounding the alarm bells on Dabo Sweeney.

Are you sounding the alarm bells on his wide receiver one in Bryant Wesco?

[clicks tongue] Yeah, I mean, currently a top 100 player at 65 on, uh, Mike Trout-

Well, I mean, my takeaway is I strongly agree.

And because this is the trend here, which is Home Depot lows, core and main, it doesn't matter, Wesco, on down the line, all these guys across these different verticals are looking at that pro market and this whole data center build-out thing, you know, and they're staking their growth on that.

So I agree with that.

And that concludes lightning round.