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Watsco, Inc. engages in distribution of air conditioning, heating and refrigeration equipment and related parts. Its products include residential central air conditioners, gas, electric & oil furnaces, commercial air conditioning & heating equipment, and other specialized equipment; parts, including replacement compressors, evaporator coils, motors and other component parts; and supplies, including thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tape, adhesives, and other ancillary supplies. Read More The company was founded by William Wagner in 1956 and is headquartered in Miami, FL.
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Present Movement: Watsco (NYSE: WSO)
Watsco is part of the technology sector and trades as part of the computer hardware industry. The company CEO is Albert H. Nahmad. Watsco Inc distributes air conditioning, heating and refrigeration equipment and related parts and supplies in the HVAC/R distribution industry in North America. Watsco has operations in the United States, Canada, Mexico and Puerto Rico. Previous Intraday Trading Performance: The WSO stock showed a previous change of 0.78% with an open at 157.62 and a close of 158.67. It reach...
Why Shares of Watsco Gained 10.7% in April
What happened Shares of Watsco (NYSE: WSO) climbed more than 10% in April, according to data provided by S&P Global Market Intelligence. Investors looked past tepid first-quarter growth and focused instead on the heating, ventilation, and air-conditioning parts distributor's optimistic outlook. So what Growth was an issue for Watsco going into the release of its first-quarter results, and the company's numbers did little to dispel those concerns . Revenue climbed by just 0.5% in the quarter to $931.3 mil...
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