Bull’s Eye Report: Mobile Mini (MINI)

Mobile Mini (MINI) is showing a great entry point today

   

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.

Why We Like The Stock:

Mobile Mini (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 (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).

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.

Stock Rating: 9.2

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.

Mobile Mini – Last Three Months

mini 1 Bull's Eye Report: Mobile Mini (MINI)

Mobile Mini – Last 12 Months

mini 2 Bull's Eye Report: Mobile Mini (MINI)

Mobile Mini – Last Five Years

mini 3 Bull's Eye Report: Mobile Mini (MINI)

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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.


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